>>> Join us to access robo analyses for over 16,000+ stocks! <<<
Gilead Sciences Inc (GILD) “On a long-term technical basis, the stock (GILD) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 79.68 suggesting the next support level is at 76.09. This weakness suggests the long-term trend is turning neutral.
The stock has support at 76.09 and 71.19. If the stock breaks down through support at 76.09 then it will probably continue lower to 71.19. The stock will meet resistance at 79.65 and 85.97. If the stock breaks up through resistance at 79.65 then it will probably continue higher to 85.97. The 200-day moving average is at 67.34. This will also act as support. The stock is neutral according to the Stochastic Indicator (61.26).”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<