Gilead (NASDAQ: GILD) is Weak on a Near Term Basis

Gilead (NASDAQ: GILD) is Weak on a Near Term Basis, but neutral otherwise.

Review the Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Weak Neutral Neutral
P1 71.34 68.74 67.46
P2 71.76 72.96 76.40
P3 74.21 76.30 85.80

Long Term Trading Plans for GILD

May 2, 2018, 8:40 am ET

The technical Summary and associated Trading Plans for GILD listed below will help you make important timing decisions for your trades. This data is based on our proprietary analysis for GILD. In addition we offer Market Timing Models and Stock Filters in the links above which may increase the proficiency of the decisions you make.

GILD - (Long) Support Plan

Buy over 67.46 target 76.40 stop loss @ 67.2.
The technical summary data tells us to buy GILD near 67.46 with an upside target of 76.40. This data also tells us to set a stop loss @ 67.2 to protect against excessive loss in case the stock begins to move against the trade. 67.46 is the first level of support below 72.62 , and by rule, any test of support is a buy signal. In this case, support 67.46 would be being tested, so a buy signal would exist.

GILD - (Short) Resistance Plan

Short under 76.40 target 67.46 stop loss @ 76.66.
The technical summary data is suggesting a short of GILD as it gets near 76.40 with a downside target of 67.46. We should have a stop loss in place at 76.66 though. 76.40 is the first level of resistance above 72.62, and by rule, any test of resistance is a short signal. In this case, if resistance 76.40 is being tested, so a short signal would exist.

GILD Long Term Analysis

GILD EPS Analysis

GILD Revenue chart

GILD Growth rate - Quarterly

GILD Growth rate - Yearly

GILD PE chart

GILD PEG chart