STEALTHGAS INC (GASS)
MHY816691064 - Common Stock
We assign a technical rating of 6 out of 10 to GASS. Although GASS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that GASS is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by GASS over the past year are nicely spread over this period.
GASS is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 94% of 214 stocks in the same industry.
In the last month GASS has a been trading in the 5.77 - 6.15 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
GASS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GASS is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, GASS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.94, a Stop Loss order could be placed below this zone.
More info and screens
5.70
6.25
When analyzing the support we notice one important area.
- A support zone ranging from 5.76 to 5.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 6.08 to 6.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.96
Mansfield0.23
10 Day High6.15
10 Day Low5.77
20 Day High6.15
20 Day Low5.77
52 Week High7.98
52 Week Low2.66
Performance
1 Week3.06%
2 Weeks2.71%
1 Month2.19%
3 Month-23.65%
6 Month5.75%
12 Month118.34%
2 Year137.11%
3 Year116.79%
5 Year70.03%
10 Year-44%
15 Year20.68%
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)0.03
RSI(14)53.92
LBB5.78
UBB6.07
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.20 | 5.76 | 0.44 (7.10%) | 14.09% |
| An entry @6.20. This is a Buy Stop order right above the resistance zone. | An exit @5.76. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.44 points, which is 7.10%. | For a 1.00% total portfolio risk, you can invest 14.09% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STEALTHGAS INC
NASDAQ:GASS (4/26/2024, 7:00:00 PM)
After market: 6.07 0 (0%)6.07
+0.11 (+1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.85%
1 Week3.06%
2 Weeks2.71%
1 Month2.19%
3 Month-23.65%
6 Month5.75%
12 Month118.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%2.4%
ATR Inc
Range Today0.22
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 High6.15
10 Day Low5.77
20 Day High6.15
20 Day Low5.77
52 Week High7.98
52 Week Low2.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume84.50K
Volume Incr-18.98%
Vol(5)75.80K
Vol(50)137.36K