GLADSTONE INVESTMENT CORP (GAIN) Stock Technical Analysis
NASDAQ:GAIN - Nasdaq - US3765461070 - Common Stock - Currency: USD
Taking everything into account, GAIN scores 5 out of 10 in our technical rating. Although GAIN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
62% of all other stocks performed better in the past year than GAIN.
GAIN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
GAIN is an average performer in the Capital Markets industry, it outperforms 43% of 233 stocks in the same industry.
GAIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GAIN is lagging the market.
In the last month GAIN has a been trading in a tight range between 13.85 and 14.50.
Although the technical rating is only medium, GAIN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.09, a Stop Loss order could be placed below this zone.
More info and screens
12.26
15.42
We found 4 important support areas.
- A support zone ranging from 13.62 to 14.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.31 from a horizontal line in the daily time frame.
- Support @12.64 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.38 to 12.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.11 to 14.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.86 to 15.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GAIN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GAIN is neutral. |
| ChartMill Relative Strength | 38.55 | NEUTRAL | GAIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GAIN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GAIN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GAIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.11 | NEUTRAL | The RSI value for GAIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GAIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.77 | NEUTRAL | The Stochastics value for GAIN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for GAIN suggests low volalility. |
| Average Directional Index/ADX (14) | 10.9 | NEGATIVE | The low ADX value for GAIN suggests a weak or negative trend. |
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)
14.1
-0.03 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.21%
1 Week-1.54%
2 Weeks-0.07%
1 Month1.44%
3 Month6.42%
6 Month10.85%
12 Month-1.12%
2 Year3.22%
3 Year-4.67%
5 Year53.09%
10 Year76.25%
15 Year113.64%
Volatility
ATR(14)0.2
ATR(20)%1.61%
ATR Inc-15.27%
Range Today0.15
ADR(20)0.22
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.55
Mansfield-0.44
10 Day High14.39
10 Day Low14
20 Day High14.5
20 Day Low13.85
52 Week High15.34
52 Week Low11.42
CS1 End14.09
CR1 Start14.11
Volume & EV
DER(3)-3.73%
DER(5)-4.96%
Volume110.30K
Volume Incr-21.95%
Vol(5)125.34K
Vol(50)155.14K