Overall 8GW gets a technical rating of 7 out of 10. 8GW has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
8GW is one of the better performing stocks in the Metals & Mining industry, it outperforms 94% of 37 stocks in the same industry.
8GW is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month 8GW has a been trading in the 0.00 - 0.03 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, 8GW did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.