GILD 2020-10-04 Technical Analysis and Forecast


GILD Report

Sample Size: 8; Percent Error: 25%

Current Trend Performance

GILD is -25.59% from monthly high, 0.11% from monthly low, -1.13% from 10 day simple moving average, -2.94% from 20 day simple moving average, and -6.93% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 62.89, the lows are 60.03, and the median is 61.46. 75.0% to decrease between -4.12% - 0%. 25.0% to increase between 0% - 4.12%.
Day 2:
The highs are 64.28, the lows are 60.62, and the median is 62.45. 50.0% to decrease between -4.12% - 0%. 50.0% to increase between 0% - 4.12%.
Day 3:
The highs are 65.0, the lows are 60.75, and the median is 62.88. 50.0% to decrease between -4.12% - 0%. 37.5% to increase between 0% - 4.12%. 12.5% to increase between 4.12% - 8.24%.
Day 4:
The highs are 65.47, the lows are 61.33, and the median is 63.4. 25.0% to decrease between -4.12% - 0%. 62.5% to increase between 0% - 4.12%. 12.5% to increase between 4.12% - 8.24%.
Day 5:
The highs are 67.31, the lows are 61.99, and the median is 64.65. 11.11% to decrease between -4.12% - 0%. 44.44% to increase between 0% - 4.12%. 33.33% to increase between 4.12% - 8.24%. 11.11% to increase between 8.24% - 12.36%.
Day 6:
The highs are 66.82, the lows are 62.17, and the median is 64.5. 50.0% to increase between 0% - 4.12%. 50.0% to increase between 4.12% - 8.24%.
Day 7:
The highs are 67.71, the lows are 62.17, and the median is 64.94. 22.22% to increase between 0% - 4.12%. 66.67% to increase between 4.12% - 8.24%. 11.11% to increase between 8.24% - 12.36%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 59.61 and 61.89. There is possible resistance range between 64.45 and 64.73. Areas of uncertainty are beyond 57.43 and beyond 65.03. Minimum movement range is 4.12%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.