Stock Analysis: General Mills Inc (GIS)

Stock Analysis for General Mills Inc (GIS)

The Interpreter
Hey Friend, I'm analysing GENERAL MILLS INC (GIS), and it is between the Support of $ 64.95 (61.8% of Fibonacci) and the Resistance of $ 66.52 (100% of Fibonacci). The stock is falling and may come close and reach $ 64.95 soon.

General Mills Inc (GIS)

$ 69.09 +0.8%

Last Close 18-Apr-24

Trade GIS Now

Supports

Next Support: $ 64.95

Fibonacci 61.8%: $ 64.95
Triangle Level (3): $ 61.06

Resistances

Next Resistance: $ 66.52

Pivot S3: $ 67.25
Fibonacci 100%: $ 66.52
Triangle Level (0): $ 66.79

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 19 Oct 2023	Sell Price: 62.86	Loss: Close Day2 ($ 63.23)	Abandoned Baby	Sell
002 02 Aug 2023	Buy Price: 75.45	Loss: Close Day2 ($ 73.59)	Engulfing	Buy
003 25 Jul 2023	Sell Price: 76.91	Profit: Open Day1 ($ 76.79)	Engulfing	Sell
004 20 Jun 2023	Sell Price: 80.68	Loss: Close Day2 ($ 81.30)	Engulfing	Sell
005 20 Jun 2023	Sell Price: 80.64	Loss: Close Day2 ($ 81.30)	Dark Cloud Cover	Sell
006 09 May 2023	Sell Price: 89.66	Profit: Open Day1 ($ 89.55)	Engulfing	Sell
007 09 May 2023	Sell Price: 89.59	Profit: Open Day1 ($ 89.55)	Dark Cloud Cover	Sell
008One Year Average	Both Sides Result for 7 Signals	Loss: $ -3.24 ($ -0.46 / Signal) -4.1% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for GIS Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	69.76	BUY	2	69.88	BUY
3	69.34	BUY	3	69.49	BUY
5	68.64	BUY	5	69.05	BUY
8	68.15	BUY	8	68.84	BUY
13	68.81	BUY	13	68.74	BUY
21	69.06	BUY	21	68.49	BUY
34	67.92	BUY	34	67.92	BUY
55	66.48	BUY	55	67.20	BUY
90	65.83	BUY	90	66.78	BUY
200	66.86	BUY	200	68.34	BUY

Company Info +

Name & IPO

General Mills Inc
IPO: 1928-11-30

Stock Ticker & Exchange

Ticker: GISIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: http://www.generalmills.com
Phone:

Stock Type

Common Stock

SIC Office

Manufacturing ()

Industry

Grain Mill Products

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

	Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
1	Assets +	31,842	30,807	30,111	30,624	21,813	21,712	21,964	23,146	22,658	21,097	18,674	17,679	17,875	11,224	417
2	Real Estate Investment Property +	67	66	74	78	80	93	96	107	101	76	61	58	0	0	0
3	Real Estate Investment Property +	67	66	74	78	80	93	96	107	101	76	61	58	0	0	0
4	Investments in and Advance to Affiliates +	566	567	453	500	505	519	531	508	478	529	519	398	0	0	0
5	Cash and Cash Equivalents +	1,505	1,678	450	399	766	764	334	867	741	471	620	673	750	661	417
6	Property +	3,607	3,581	3,787	4,047	3,688	3,744	3,783	3,942	3,878	3,653	3,346	3,128	3,035	0	0
7	Property +	10,465	9,955	10,080	10,003	9,527	9,504	9,544	9,393	8,933	8,285	7,492	6,950	0	0	0
8	Intangible Assets +	7,151	7,096	7,167	7,445	4,530	4,539	4,677	5,014	5,015	4,705	3,813	3,715	3,747	3,777	0
9	Finite-Lived Intangible Assets +	522	534	576	626	369	391	415	510	516	488	42	35	0	0	0
10	Liabilities and Equity +	31,842	30,807	30,111	30,624	21,813	21,712	21,832	22,161	21,690	20,249	18,674	17,679	17,875	6,459	6,458
11	Liabilities +	21,464	21,913	22,192	23,355	16,216	15,560	15,793	15,156	14,562	13,366	12,062	12,031	12,458	0	0
12	Debt and Lease Obligation +	361	279	1,469	1,550	1,234	270	616	1,112	600	526	311	1,050	812	0	0
13	Stockholders' Equity +	9,773	8,350	7,368	6,492	4,686	5,307	5,393	7,005	7,128	6,883	6,612	5,648	5,416	6,459	6,458
14	Stockholders' Equity Attributable to Parent +	9,470	8,058	7,054	6,141	4,328	4,930	4,997	6,535	6,672	6,422	6,366	5,403	5,172	0	0
15	Stockholders' Equity +	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0
16	Common Stock +	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0
17	Partners' Capital +	17,070	15,982	14,997	14,460	13,139	12,616	11,991	11,787	10,703	9,958	9,191	8,122	7,236	0	0
18	Partners' Capital +	17,070	15,982	14,997	14,460	13,139	12,616	11,991	11,787	10,703	9,958	9,191	8,122	7,236	0	0
19	Limited Liability Company (LLC) Members' Equity +	14,641	13,068	12,372	12,031	10,895	10,004	9,680	10,447	9,118	8,214	8,180	6,635	6,358	0	0
20	Limited Liability Company (LLC) Members' Equity +	14,641	13,068	12,372	12,031	10,895	10,004	9,680	10,447	9,118	8,214	8,180	6,635	6,358	0	0
21	Current Assets +	5,754	5,121	4,186	4,124	4,061	3,937	3,786	4,394	4,299	3,691	3,902	3,480	3,535	0	0
22	Cash +	366	5	18	4	766	764	334	867	741	471	620	673	750	0	0
23	Current Receivables +	1,638	1,615	1,680	1,684	1,430	1,361	1,387	1,484	1,446	1,324	1,162	1,042	953	0	0
24	Inventory +	1,820	1,426	1,559	1,642	1,484	1,414	1,541	1,559	1,546	1,479	1,609	1,344	1,347	0	0
25	Current Prepaid Expense +	222	194	189	166	169	178	169	187	169	178	161	128	0	0	0
26	Derivative Instruments and Hedges +	38	71	42	40	35	45	81	33	48	34	109	49	0	0	0
27	Long-Term Assets +	15,739	15,395	15,295	15,318	9,678	9,584	9,857	10,228	9,598	9,090	7,742	7,358	7,558	6,786	0
28	Long-term Investments and Receivables +	0	0	0	0	0	0	0	0	0	0	87	88	0	0	0
29	Long-Term Derivative Instruments and Hedges +	0	0	0	0	0	0	0	0	0	6	13	130	0	0	0
30	Current Liabilities +	8,266	7,492	7,087	7,342	5,331	5,015	4,890	5,424	5,294	3,843	3,659	3,769	3,606	0	0
31	Long-Term Liabilities +	13,697	14,937	15,332	14,275	9,328	9,350	9,555	8,263	8,156	8,583	7,508	7,663	7,687	0	0
32	Increase (Decrease) in Stockholders' Equity [Roll Forward] +	-6,611	-6,433	-6,779	-7,168	-7,763	-6,327	-6,056	-5,219	-3,687	-3,177	-3,210	-2,615	-2,473	0	0
33	Treasury Stock Transactions +	-6,611	-6,433	-6,779	-7,168	-7,763	-6,327	-6,056	-5,219	-3,687	-3,177	-3,210	-2,615	-2,473	0	0
34	Treasury Stock +	-6,611	-6,433	-6,779	-7,168	-7,763	-6,327	-6,056	-5,219	-3,687	-3,177	-3,210	-2,615	-2,473	0	0
35	Current Other Assets +	790	402	498	398	382	399	424	409	438	358	484	378	469	0	0
36	Total Current Assets +	5,754	5,121	4,186	4,124	4,061	3,937	3,786	4,394	4,299	3,691	3,902	3,480	3,535	0	0
37	Operating Lease +	379	365	0	0	0	0	0	0	0	0	0	0	0	0	0
38	Goodwill +	14,062	13,923	13,996	14,065	8,747	8,741	8,875	8,650	8,622	8,182	6,751	6,593	6,663	6,786	0
39	Long-Term Other Assets +	1,268	1,086	975	943	786	752	844	1,146	844	865	862	763	895	0	0
40	Assets for Plan Benefits +	1,298	1,107	1,299	1,253	931	843	982	1,578	976	43	129	2	0	0	0
41	Total Assets +	31,842	30,807	30,111	30,624	21,813	21,712	21,964	23,146	22,658	21,097	18,674	17,679	17,875	0	0
42	Total Liabilities +	21,464	21,913	22,192	23,355	16,216	15,560	15,793	15,156	14,562	13,366	12,062	12,031	12,458	0	0
43	Stockholders' Equity Attributable to Noncontrolling Interest +	303	291	313	351	358	377	396	471	456	461	247	245	244	0	0
44	Total Stockholders' Equity +	9,773	8,350	7,368	6,492	4,686	5,307	5,393	7,005	7,128	6,883	6,612	5,648	5,416	6,459	6,458
45	Total Liabilities and Equity +	31,842	30,807	30,111	30,624	21,813	21,712	21,832	0	0	0	18,674	17,679	17,875	0	0

Income Statement +

in USD millions (if not decimal) - Dictionary

	Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
1	Total Revenues +	2,189	2,046	2,044	0	0	0	0	0	0	0	0	0	0	0
2	Total Cost of Goods and Services Sold +	-11,679	-11,497	-11,108	-10,305	-10,052	0	0	0	0	0	0	0	0	0
3	Total Gross Profit +	1,583	1,768	1,461	1,419	1,320	1,377	1,516	1,482	1,531	1,496	1,364	1,271	0	0
4	Total Research and Development Expense +	239	224	222	219	218	222	229	244	238	245	235	218	208	0
5	Total Depreciation +	0	0	0	0	0	0	0	0	0	0	0	457	454	459
6	Total Restructuring +	170	24	275	166	183	151	544	4	20	102	4	31	42	21
7	Business Combination +	0	0	4	64	0	0	0	0	0	0	0	0	0	0
8	Total Selling-General and Administrative Expense +	3,080	3,152	2,936	2,753	2,801	3,119	3,328	3,474	3,552	3,381	3,192	3,236	2,952	2,624
9	Gain (Loss) on Disposition of Business +	-54	0	-30	0	-14	148	0	66	0	0	0	0	0	0
10	Gain (Loss) on Disposition of Other Assets +	0	0	0	0	0	0	0	132	0	0	17	0	0	0
11	Total Operating Income (Loss) +	3,145	2,954	2,516	2,509	2,566	2,707	2,077	2,957	2,852	2,562	2,774	2,606	2,325	2,229
12	Investment Income +	7	6	6	12	7	8	13	16	13	10	7	7	22	0
13	Net Periodic Defined Benefits Expense (Reversal of Expense) +	133	113	88	89	74	0	0	0	0	0	0	0	0	0
14	Total Interest Expense +	420	466	522	374	295	304	315	302	317	352	346	402	383	400
15	Total Gain (Loss) on Extinguishment of Debt +	0	0	0	0	0	0	0	0	0	0	0	40	0	0
16	Total Income (Loss) from Continuing Operations before Equity Method Investments +	2,857	2,600	2,082	2,136	2,271	2,404	1,762	2,655	2,535	2,210	2,428	2,204	1,942	1,830
17	Income (Loss) from Equity Method Investments +	118	91	72	85	85	88	84	90	99	88	96	102	92	111
18	Income Tax Expense (Benefit) +	-629	-480	-368	-57	-655	-755	-587	-883	-741	-710	-721	-771	-720	-622
19	Total Net Income (Loss) +	2,346	2,211	1,786	2,163	1,701	1,737	1,259	1,861	0	1,574	1,804	1,535	1,314	1,318
20	Total Net Income (Loss) Attributable to Redeemable Noncontrolling Interest +	0	0	0	0	0	0	0	0	29	15	0	0	0	0
21	Total Net Income (Loss) Attributable to Noncontrolling Interest +	-6	-30	-34	-32	-44	-39	-38	-37	-8	-7	-5	-4	-9	-23
22	Total Net Income (Loss) Attributable to Parent +	2,340	2,181	1,753	2,131	1,658	1,697	1,221	1,824	1,855	1,567	1,798	1,530	1,304	1,295
23	Total Earnings Per Share +	3.81	3.59	2.92	3.69	2.82	2.83	2.02	2.90	2.86	2.42	2.80	2.32	1.96	1.93
24	Total Earnings Per Share +	3.78	3.56	2.90	3.64	2.77	2.77	1.97	2.83	2.79	2.35	2.70	2.24	1.90	1.85
25	Common Stock Dividends +	2.02	1.96	1.96	1.96	1.92	1.78	1.67	1.17	1.70	1.22	1.12	0	0	0
26	Common Stock Dividends +	4.04	3.92	3.92	3.92	3.84	3.56	3.34	2.72	3.02	2.44	2.24	0.96	0.86	0.78

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.