GAN LTD (GAN) Stock Technical Analysis
NASDAQ:GAN - Nasdaq - BMG3728V1090 - Common Stock - Currency: USD
Taking everything into account, GAN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GAN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GAN did better than 92% of all other stocks. On top of that, GAN also shows a nice and consistent pattern of rising prices.
GAN is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. GAN outperforms 88% of them.
A new 52 week high is currently being made by GAN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GAN has a been trading in the 1.73 - 1.97 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.
Although GAN has an excellent technical rating, it 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
1.68
1.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.79 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.70 to 1.71. 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 GAN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GAN is up. |
| ChartMill Relative Strength | 92.14 | POSITIVE | GAN has a high relative strength, it outperformed 92.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.68 | OVERBOUGHT | The high RSI value suggests GAN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GAN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.14 | OVERBOUGHT | The high Stochastics value suggests GAN may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for GAN suggests low volalility. |
| Average Directional Index/ADX (14) | 22.92 | NEUTRAL | The ADX value for GAN suggests a possible start of a new 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)
1.97
+0.01 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.51%
1 Week5.91%
2 Weeks8.24%
1 Month12.57%
3 Month12.57%
6 Month7.07%
12 Month48.12%
2 Year57.6%
3 Year-41.54%
5 Year-91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%1.95%
ATR Inc-62.88%
Range Today0.01
ADR(20)0.03
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.14
Mansfield1.19
10 Day High1.97
10 Day Low1.82
20 Day High1.97
20 Day Low1.73
52 Week High1.97
52 Week Low1.29
CS1 End1.82
CR1 StartN/A
Volume & EV
DER(3)1.06%
DER(5)3.14%
Volume696.10K
Volume Incr757.42%
Vol(5)1.12M
Vol(50)241.13K