GLOBAL NET LEASE INC.
GLOBAL NET LEASE INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GNL
ISIN:

GLOBAL NET LEASE INC. - Daily - Technical analysis published on 12/27/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 19.58 USD
My targets
20.55 USD (+3.01%)
20.98 USD (+5.16%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 19.58 USD remains possible. It is advisable to trade GLOBAL NET LEASE INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 19.58 USD. The next bullish objective for buyers is set at 20.55 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.98 USD. If there is any crossing, the next objective would be the resistance located at 22.24 USD. PS: if there is a bearish break in the support located at 19.58 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

GLOBAL NET LEASE INC. rating 19.95 USD. The price is lower by -0.05% since the last closing and was between 19.88 USD and 20.11 USD. This implies that the price is at +0.35% from its lowest and at -0.80% from its highest.

19.88
20.11
19.95

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of GLOBAL NET LEASE INC. in Daily shows an overall bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 9 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 19.07 19.58 19.86 19.95 20.19 20.55 20.98
Change (%) -4.41% -1.85% -0.45% - +1.20% +3.01% +5.16%
Change -0.88 -0.37 -0.09 - +0.24 +0.60 +1.03
Level Intermediate Major Major - Intermediate Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.7819.8419.9019.9620.0220.0820.14
Camarilla19.9319.9419.9519.9619.9719.9819.99
Woodie19.7819.8419.9019.9620.0220.0820.14
Fibonacci19.8419.8919.9119.9620.0120.0320.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.2919.5819.8820.1620.4620.7521.05
Camarilla20.0220.0720.1320.1820.2320.2920.34
Woodie19.3019.5819.8920.1720.4720.7521.06
Fibonacci19.5819.8019.9420.1620.3920.5220.75


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.0218.5819.4920.0520.9621.5222.43
Camarilla19.9920.1220.2620.3920.5320.6620.79
Woodie18.1918.6719.6620.1421.1321.6122.60
Fibonacci18.5819.1519.4920.0520.6220.9621.52

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.30
MACD (12,26,9): 0.0600
Directional Movement: -2.33
AROON (14): -28.57
DEMA (21): 20.20
Parabolic SAR (0,02-0,02-0,2): 19.70
Elder Ray (13): -0.11
Super Trend (3,10): 19.69
Zig ZAG (10): 19.95
VORTEX (21): 1.0000
Stochastique (14,3,5): 32.63
TEMA (21): 20.09
Williams %R (14): -68.42
Chande Momentum Oscillator (20): -0.60
Repulse (5,40,3): -1.2600
ROCnROLL: -1
TRIX (15,9): 0.0900
Courbe Coppock: 2.71
MA7: 20.12
MA20: 20.22
MA50: 19.81
MA100: 19.39
MAexp7: 20.06
MAexp20: 20.08
MAexp50: 19.83
MAexp100: 19.45
Price / MA7: -0.84%
Price / MA20: -1.34%
Price / MA50: +0.71%
Price / MA100: +2.89%
Price / MAexp7: -0.55%
Price / MAexp20: -0.65%
Price / MAexp50: +0.61%
Price / MAexp100: +2.57%

This member declared not having a position on this financial instrument or a related financial instrument.

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