GIGACLOUD TECHNOLOGY INC - A (GCT)
KYG386441037 - Common Stock
We assign a technical rating of 5 out of 10 to GCT. GCT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
When comparing the yearly performance of all stocks, we notice that GCT is one of the better performing stocks in the market, outperforming 99% of all stocks.
GCT is part of the Distributors industry. There are 14 other stocks in this industry. GCT outperforms 92% of them.
GCT has an average volume of 2959800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
GCT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GCT is lagging the market.
In the last month GCT has a been trading in the 25.22 - 41.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GCT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.70
40.46
When analyzing the support we can see 3 important areas.
- Support @30.52 from a trend line in the daily time frame.
- Support @29.83 from a horizontal line in the daily time frame.
- Support @25.96 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 32.55 to 32.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.87 to 35.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.06 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.16
Mansfield4.99
10 Day High38.22
10 Day Low25.22
20 Day High41.31
20 Day Low25.22
52 Week High45.18
52 Week Low6.6
Performance
1 Week-3.74%
2 Weeks-14%
1 Month-10.26%
3 Month-21.08%
6 Month163.9%
12 Month359.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.56
RSI(14)43.75
LBB28.3
UBB37.8
GIGACLOUD TECHNOLOGY INC - A
NASDAQ:GCT (5/31/2024, 7:00:00 PM)
After market: 31.25 +0.11 (+0.35%)31.14
+0.87 (+2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg2.87%
1 Week-3.74%
2 Weeks-14%
1 Month-10.26%
3 Month-21.08%
6 Month163.9%
12 Month359.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.67
ATR(20)%9.73%
ATR Inc
Range Today1.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High38.22
10 Day Low25.22
20 Day High41.31
20 Day Low25.22
52 Week High45.18
52 Week Low6.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.54M
Volume Incr-36.5%
Vol(5)2.02M
Vol(50)2.96M