STEALTHGAS INC (GASS) Stock Technical Analysis
NASDAQ:GASS - Nasdaq - MHY816691064 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to GASS. Although GASS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month GASS has a been trading in the 5.22 - 6.73 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, GASS outperforms 61% of them, which is more or less in line with the market.
GASS is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, GASS did better than 64% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GASS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.82
6.80
We found 4 important support areas.
- A support zone ranging from 5.70 to 5.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.54 to 5.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.28 to 5.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.87 from a horizontal line in the daily time frame.
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 GASS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GASS is up. |
| ChartMill Relative Strength | 61.39 | NEUTRAL | GASS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GASS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GASS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GASS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.99 | OVERBOUGHT | The high RSI value suggests GASS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GASS has a positive trend. |
| Stochastics (14,3) | 97.18 | OVERBOUGHT | The high Stochastics value suggests GASS may be overbought. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for GASS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.94 | POSITIVE | The high ADX value value for GASS suggests a strong 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)
6.73
+0.3 (+4.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.67%
1 Week7.17%
2 Weeks12.92%
1 Month24.63%
3 Month21.26%
6 Month32.22%
12 Month-9.91%
2 Year57.98%
3 Year109.66%
5 Year144.73%
10 Year-0.3%
15 Year45.67%
Volatility
ATR(14)0.24
ATR(20)%3.27%
ATR Inc10.54%
Range Today0.32
ADR(20)0.21
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.39
Mansfield0.82
10 Day High6.73
10 Day Low5.7
20 Day High6.73
20 Day Low5.22
52 Week High7.68
52 Week Low4.82
CS1 End5.79
CR1 StartN/A
Volume & EV
DER(3)2.33%
DER(5)0.02%
Volume104.60K
Volume Incr-23.28%
Vol(5)77.00K
Vol(50)87.84K