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Archive - 8/29/2025 - Sign In to see current Signals. |
Gilead Sciences (GILD) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Gilead Sciences (GILD). During the week, the GILD dropped -1.80 points, or -1.57%, and closed at 112.97 on Friday, August 29, 2025. Weekly volume was -37% below average.
Long-term trend: [See GILD long-term trend chart] A long-term uptrend had started on December 30, 2020 at 56.56 and reached 121.83 on August 12, 2025. GILD gained -65.27 points, or -115.40%, in 240 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 63.64 and resistance is at 133.93. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See GILD medium-term trend chart] A medium-term uptrend had started on April 25, 2025 at 93.40 and reached 121.83 on August 12, 2025. GILD gained -28.43 points, or -30.44%, in 15 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (116.87) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. GILD may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See GILD weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See GILD short-term trend chart] A short-term downtrend had started on August 12, 2025 at 121.83 and reached 112.15 on August 29, 2025. GILD lost 9.68 points, or 7.95%, in 17 days. The price is now at the 8.47% retracement level.
Daily Technical Indicators: [See GILD daily technical indicators chart] Daily Relative Strength Index is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since August 20, 2025. This is an indication that the short-term trend is down. Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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