GAN LTD (GAN) Technical Analysis
NASDAQ:GAN • BMG3728V1090
Current stock price
GAN Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to GAN. 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 one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 96% of 126 stocks in the same industry.
- GAN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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.
GAN Weekly and Daily overview Charts
GAN Setup Rating and Analysis
Although GAN has an excellent technical rating, it does not present a decent entry opportunity 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
GAN Support and Resistance Analysis
1.68
We found 2 important support 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.
GAN Technical Indicator Signal Analysis
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. |
GAN Chart- and CandleStick Pattern Analysis
GAN Technicals: Chart, Performance Metrics, Trend & Indicators
1.97
+0.01 (+0.51%)
GAN LTD / GAN TA FAQ
What is the technical rating for GAN stock?
ChartMill assigns a technical rating of 10 / 10 to GAN.
What is the current trend direction of GAN LTD (GAN) stock?
The current trend direction for GAN LTD (GAN) is Bullish.
Can you provide the RSI signal for GAN LTD?
GAN LTD (GAN) has an RSI value of 73.6776. This indicates that the stock is currently overbought.
What is the MACD signal for GAN LTD (GAN) stock?
The MACD indicator for GAN LTD (GAN) has a value of 0.0131799, indicating a bearish trend.
What is the support and resistance level for GAN stock?
GAN LTD (GAN) has a support level at 1.82. Check the full technical report for our detailed analysis of GAN support and resistance levels.