GILEAD SCIENCES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	GILD
ISIN:

GILEAD SCIENCES INC. - Daily - Technical analysis published on 10/21/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bullish

De fond: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 64.90 USD

My targets

66.42 USD (+2.33%)

67.20 USD (+3.53%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on GILEAD SCIENCES INC. as long as the price remains well above 64.90 USD. The buyers” bullish objective is set at 66.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 67.20 USD. If there is any crossing, the next objective would be the resistance located at 68.08 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

5.9

Comment on the analysis

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:

Additional analysis

Quotes

The GILEAD SCIENCES INC. rating is 64.91 USD. The price is lower by -0.49% since the last closing with the lowest point at 64.20 USD and the highest point at 65.45 USD. The deviation from the price is +1.11% for the low point and -0.83% for the high point.

64.20

65.45

64.91

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GILEAD SCIENCES INC. in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	62.52	64.19	64.90	64.91	66.42	67.20	68.08
Change (%)	-3.68%	-1.11%	-0.02%	-	+2.33%	+3.53%	+4.88%
Change	-2.39	-0.72	-0.01	-	+1.51	+2.29	+3.17
Level	Major	Intermediate	Intermediate	-	Intermediate	Intermediate	Major

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
Standard	63.87	64.33	64.78	65.23	65.68	66.14	66.59
Camarilla	64.98	65.06	65.15	65.23	65.31	65.40	65.48
Woodie	63.87	64.33	64.78	65.23	65.68	66.14	66.59
Fibonacci	64.33	64.67	64.89	65.23	65.58	65.79	66.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.96	60.16	62.08	63.28	65.20	66.40	68.32
Camarilla	63.13	63.42	63.70	63.99	64.28	64.56	64.85
Woodie	59.31	60.34	62.43	63.46	65.55	66.58	68.67
Fibonacci	60.16	61.36	62.09	63.28	64.48	65.21	66.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.02	58.36	60.87	64.20	66.72	70.05	72.56
Camarilla	61.77	62.31	62.84	63.38	63.92	64.45	64.99
Woodie	54.61	58.15	60.46	64.00	66.30	69.85	72.15
Fibonacci	58.36	60.59	61.97	64.20	66.44	67.82	70.05

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	55.66
MACD (12,26,9):	0.1500
Directional Movement:	3.63
AROON (14):	64.28
DEMA (21):	64.15
Parabolic SAR (0,02-0,02-0,2):	62.47
Elder Ray (13):	0.63
Super Trend (3,10):	65.46
Zig ZAG (10):	64.91
VORTEX (21):	0.9000
Stochastique (14,3,5):	85.72
TEMA (21):	64.45
Williams %R (14):	-19.36
Chande Momentum Oscillator (20):	3.29
Repulse (5,40,3):	0.1600
ROCnROLL:	1
TRIX (15,9):	-0.0400
Courbe Coppock:	2.84

MA7:	64.65
MA20:	63.63
MA50:	63.94
MA100:	64.81
MAexp7:	64.58
MAexp20:	64.09
MAexp50:	64.21
MAexp100:	64.48
Price / MA7:	+0.40%
Price / MA20:	+2.01%
Price / MA50:	+1.52%
Price / MA100:	+0.15%
Price / MAexp7:	+0.51%
Price / MAexp20:	+1.28%
Price / MAexp50:	+1.09%
Price / MAexp100:	+0.67%

News

The last news published on GILEAD SCIENCES INC. at the time of the generation of this analysis was as follows:

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

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