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$17.33 (-2.86%)

Volume: 12M

Closed: Nov 26, 2021

Hollow Logo Score: -6.438

Gap Inc (The) Stock Forecast

$17.33 (-2.86%)

Volume: 12M

Closed: Nov 26, 2021

Score Hollow Logo -6.438
Which way will GPS go? Request
Key Stats
P/E Ratio 8.59
Beta 1.72
Trailing Dividend Rate 2.77% ($0.48)
Next Dividend Date Jan 04, 2022
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 20 - 75 ] RSI14 is 20 and the stock is currently not being overbought or oversold

Red day on Friday for Gap Inc (The)
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-23 Loss -26.29%

The Gap Inc (The) stock price fell by -2.86% on the last day (Friday, 26th Nov 2021) from $17.84 to $17.33. and has now fallen 6 days in a row. During the day the stock fluctuated 3.82% from a day low at $16.90 to a day high of $17.54. The price has fallen in 7 of the last 10 days and is down by -30.57% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -43 million shares and in total, 12 million shares were bought and sold for approximately $206.88 million.

The stock has broken the wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($21.02) are considered to be a "second chance" to get out. According to the fan-theory $16.96 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Signals & Forecast

There are few to no technical positive signals at the moment. The Gap Inc (The) stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $22.18 and $23.24. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, November 09, 2021, and so far it has fallen -32.04%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.65 between high and low, or 3.82%. For the last week, the stock has had a daily average volatility of 5.06%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Gap Inc (The) stock A Buy?

Gap Inc (The) holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -6.438

Predicted Opening Price for Gap Inc (The) of Monday, November 29, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price November 29, 2021 Current price
$17.26 $17.33 (Overvalued)
Strong Sell Candidate Unchanged

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Analyst Ratings

On Nov 24, 2021 "UBS Group" gave "$31.00 - $25.00" rating for GPS. The price target was changed from $18.07 to 23.1%.

Volatility and Risk
Daily Average Volatility: 5.06 %
Overall Risk: Very High High Medium Low Very Low
Volatility
5.06 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $17.84
Price: $17.33
No Support Found

GPS Insider Trading Show all Trades

INSIDER POWER

0.654

Last 100 transactions
Buy: 326 523 | Sell: 499 050 (Shares)
Date Action Amount Person Type
Nov 16, 2021 Sell 14 500 Syngal Sonia Restricted Stock Unit
Nov 16, 2021 Sell 6 945 Syngal Sonia Common Stock
Nov 13, 2021 Sell 7 189 Syngal Sonia Common Stock
Nov 13, 2021 Buy 14 500 Syngal Sonia Common Stock
Nov 13, 2021 Sell 11 250 Strain John Restricted Stock Unit
Show all Insider Trades
INSIDER POWER

0.654

Last 100 transactions
Buy: 326 523 | Sell: 499 050 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 17.90 3.29 %
17.65 1.87 %
17.50 0.99 %
Current price: 17.33
Support 17.01 -1.85 %
16.86 -2.73 %
16.61 -4.15 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 0 .
0 .
17.84 2.94 %
Current price 17.33
Support 0 .
0 .
0 .

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About Gap Inc (The)

Gap (The) The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. The company provides apparel, eyewear, jewelry, shoes, handbags, and fragrances; and performance and lifestyle apparel for use in yoga, strength training, and running, as well as seasonal sports, including skiing and tennis. Th... Read more

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