Gilead Sciences Inc (GILD)

[fung_derf]

broke a Double Top at 77.000 on 11/9/16. Gilead Sciences, Inc. is part of the DWA Biomedics/Genetics sector whose Bullish Percent Chart is in Bull Alert status at 38 % in a column of X's. GILD is in a negative trend as it is trading below its bearish resistance line. The Relative Strength against the market is on a sell signal given on 6/15/16 and the RS chart has been in a column of O's since 1/29/16. The weekly momentum, an indication of short term strength or weakness, turned positive on 11/11/16. The simple moving averages show the stock trading below its 200 day moving average and below its 50 day moving average. The relationship between the 50 day and the 200 day moving average shows the 50 day moving average below the 200 day. GILD is trading -30.39% on the oversold side of the ten week trading band, the middle of this trading band is 75.43. The 30 day trading volume average is 9988949 shares.