General Mills Stock Technical Analysis

GIS Stock  USD 69.97  0.31  0.45%   
As of the 29th of March, General Mills retains the Downside Deviation of 1.13, market risk adjusted performance of 0.6272, and Risk Adjusted Performance of 0.0748. General Mills technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for General Mills, which can be compared to its competitors. Please check out General Mills coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if General Mills is priced fairly, providing market reflects its last-minute price of 69.97 per share. Given that General Mills has jensen alpha of 0.1065, we strongly advise you to confirm General Mills's regular market performance to make sure the company can sustain itself at a future point.

General Mills Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as General, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to General
  
General Mills' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

General Mills Analyst Consensus

Target PriceAdvice# of Analysts
69.88Buy20Odds
General Mills current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most General analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand General stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of General Mills, talking to its executives and customers, or listening to General conference calls.
General Analyst Advice Details
General Mills technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of General Mills technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of General Mills trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

General Mills Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of General Mills volatility. High ATR values indicate high volatility, and low values indicate low volatility.

General Mills Trend Analysis

Use this graph to draw trend lines for General Mills. You can use it to identify possible trend reversals for General Mills as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual General Mills price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

General Mills Best Fit Change Line

The following chart estimates an ordinary least squares regression model for General Mills applied against its price change over selected period. The best fit line has a slop of   0.07  , which may imply that General Mills will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 195.13, which is the sum of squared deviations for the predicted General Mills price change compared to its average price change.

About General Mills Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of General Mills on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of General Mills based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on General Mills price pattern first instead of the macroeconomic environment surrounding General Mills. By analyzing General Mills's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of General Mills's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to General Mills specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2014 2019 2023 2024 (projected)
Price Earnings Ratio18.0919.317.7113.23
Short Term Coverage Ratios0.981.61.412.63

General Mills March 29, 2024 Technical Indicators

Most technical analysis of General help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for General from various momentum indicators to cycle indicators. When you analyze General charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

General Mills March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as General stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether General Mills is a strong investment it is important to analyze General Mills' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact General Mills' future performance. For an informed investment choice regarding General Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Mills. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for General Stock analysis

When running General Mills' price analysis, check to measure General Mills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Mills is operating at the current time. Most of General Mills' value examination focuses on studying past and present price action to predict the probability of General Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Mills' price. Additionally, you may evaluate how the addition of General Mills to your portfolios can decrease your overall portfolio volatility.
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Is General Mills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of General Mills. If investors know General will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about General Mills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.272
Dividend Share
2.31
Earnings Share
4.38
Revenue Per Share
34.686
Quarterly Revenue Growth
(0.01)
The market value of General Mills is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Mills' value that differs from its market value or its book value, called intrinsic value, which is General Mills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because General Mills' market value can be influenced by many factors that don't directly affect General Mills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between General Mills' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Mills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Mills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.