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GILTGilat

NASDAQDaily chart
Range low retest · 27 Apr 2023

GILT slipped below its $5.15 – $6.34 range and came back to test the low on 27 Apr 2023.

Range low
$5.15
support
Range high
$6.34
23% above the low
In the range since
Sept 2022
1 yr 10 mo
Close on retest day
$4.69
9% below the range low
  • Previous range $11.43 – $14.95 lasted 11 mo and broke downward at $9.88.
  • 7 sideways ranges found since 2022.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
25 Sept 202525 Aug 2026 · 11 moBroke below the range at $9.88—
20 Feb 202527 Aug 2025 · 6 moBroke above the range at $10.09—
11 Sept 20243 Dec 2024 · 3 moBroke above the range at $6.40—
9 Sept 202226 Jun 2024 · 1 yr 10 moBroke below the range at $4.3127 Apr 2023
17 Jun 202216 Aug 2022 · 2 moBroke above the range at $7.33—
4 Feb 202223 Jun 2022 · 5 moBroke below the range at $5.91—
5 Jan 202216 Feb 2022 · 42 daysBroke above the range at $9.10—

Retest signals

  • 27 Apr 2023 · 8 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.