GILEAD SCIENCES INC. - 1H - Technical analysis published on 03/31/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 72.13 USD
My targets
75.86 USD (+0.62%)
78.97 USD (+4.75%)
My analysis
GILEAD SCIENCES INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 72.13 USD. The next resistance located at 75.86 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 78.97 USD. After this resistance, buyers could then target 85.47 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.8
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 75.39 USD. On the day, this instrument gained -0.71% with the lowest point at 74.62 USD and the highest point at 76.33 USD. The deviation from the price is +1.03% for the low point and -1.23% for the high point.74.62
76.33
75.39
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
![Central Gaps Central Gaps](https://www.centralcharts.com/medias/screeners/logo/CentralGaps.png)
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:
![Central Volumes Central Volumes](https://www.centralcharts.com/medias/screeners/logo/CentralVolumes.png)
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GILEAD SCIENCES INC. in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
![Central Indicators Central Indicators](https://www.centralcharts.com/medias/screeners/logo/CentralIndicators.png)
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
![Central Indicators Central Indicators](https://www.centralcharts.com/medias/screeners/logo/CentralIndicators.png)
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
![Central Indicators Central Indicators](https://www.centralcharts.com/medias/screeners/logo/CentralIndicators.png)
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
![Central Patterns Central Patterns](https://www.centralcharts.com/medias/screeners/logo/CentralPatterns.png)
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
![Central Candlesticks Central Candlesticks](https://www.centralcharts.com/medias/screeners/logo/CentralCandlesticks.png)
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 64.88 | 67.79 | 72.13 | 75.39 | 75.86 | 78.97 | 85.47 |
Change (%) | -13.94% | -10.08% | -4.32% | - | +0.62% | +4.75% | +13.37% |
Change | -10.51 | -7.60 | -3.26 | - | +0.47 | +3.58 | +10.08 |
Level | Intermediate | Major | Intermediate | - | 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 |
---|---|---|---|---|---|---|---|
Standard | 71.88 | 72.88 | 74.41 | 75.41 | 76.94 | 77.94 | 79.47 |
Camarilla | 75.23 | 75.47 | 75.70 | 75.93 | 76.16 | 76.39 | 76.63 |
Woodie | 72.14 | 73.01 | 74.67 | 75.54 | 77.20 | 78.07 | 79.73 |
Fibonacci | 72.88 | 73.85 | 74.45 | 75.41 | 76.38 | 76.98 | 77.94 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 62.23 | 65.54 | 69.20 | 72.51 | 76.17 | 79.48 | 83.14 |
Camarilla | 70.93 | 71.57 | 72.21 | 72.85 | 73.49 | 74.13 | 74.77 |
Woodie | 62.40 | 65.63 | 69.37 | 72.60 | 76.34 | 79.57 | 83.31 |
Fibonacci | 65.54 | 68.21 | 69.85 | 72.51 | 75.18 | 76.82 | 79.48 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 47.85 | 55.96 | 62.66 | 70.77 | 77.47 | 85.58 | 92.28 |
Camarilla | 65.29 | 66.65 | 68.00 | 69.36 | 70.72 | 72.08 | 73.43 |
Woodie | 47.15 | 55.61 | 61.96 | 70.42 | 76.77 | 85.23 | 91.58 |
Fibonacci | 55.96 | 61.62 | 65.11 | 70.77 | 76.43 | 79.92 | 85.58 |
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): | 54.22 | |
MACD (12,26,9): | 0.6700 | |
Directional Movement: | 2.96 | |
AROON (14): | 35.72 | |
DEMA (21): | 75.31 | |
Parabolic SAR (0,02-0,02-0,2): | 72.68 | |
Elder Ray (13): | 0.42 | |
Super Trend (3,10): | 71.12 | |
Zig ZAG (10): | 75.25 | |
VORTEX (21): | 1.0700 | |
Stochastique (14,3,5): | 67.79 | |
TEMA (21): | 75.94 | |
Williams %R (14): | -30.83 | |
Chande Momentum Oscillator (20): | 0.79 | |
Repulse (5,40,3): | -0.4900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1200 | |
Courbe Coppock: | 5.41 |
MA7: | 73.47 | |
MA20: | 74.00 | |
MA50: | 70.16 | |
MA100: | 67.88 | |
MAexp7: | 75.28 | |
MAexp20: | 74.52 | |
MAexp50: | 74.00 | |
MAexp100: | 73.71 | |
Price / MA7: | +2.61% | |
Price / MA20: | +1.88% | |
Price / MA50: | +7.45% | |
Price / MA100: | +11.06% | |
Price / MAexp7: | +0.15% | |
Price / MAexp20: | +1.17% | |
Price / MAexp50: | +1.88% | |
Price / MAexp100: | +2.28% |
News
The last news published on GILEAD SCIENCES INC. at the time of the generation of this analysis was as follows:
- Gilead Announces Expiration of Hart-Scott-Rodino Waiting Period for Forty Seven Tender Offer
- Thinking about buying stock in Gilead Sciences, Petmed Express, Tilray, Tonix Pharmaceuticals, or Wix.Com?
- U.S. Food And Drug Administration Approves Epclusa® (Sofosbuvir/Velpatasvir) for Children Ages 6 and Older or Weighing at Least 17 kg with Chronic Hepatitis C Infection
- New Clinical Study Data for Gilead’s Investigational HIV-1 Capsid Inhibitor GS-6207 Presented at CROI 2020
- Treatment With Gilead’s Vesatolimod Is Evaluated for Safety and Virologic and Immunologic Response Versus Placebo in Phase 1B HIV Functional Cure Study
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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