STEALTHGAS INC (GASS) Stock Technical Analysis
NASDAQ:GASS - MHY816691064 - Common Stock
7.53 USD
-0.1 (-1.31%)
7.53 USD
0 (0%)
We assign a technical rating of 10 out of 10 to GASS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GASS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GASS is one of the better performing stocks in the market, outperforming 80% of all stocks.
GASS is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 84% of 209 stocks in the same industry.
GASS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GASS is lagging the market slightly.
In the last month GASS has a been trading in the 6.58 - 8.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although GASS 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
4.82
7.72
6 important support areas can be observed.
- Support @6.97 from a trend line in the daily time frame.
- A support zone ranging from 6.75 to 6.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.58 from a horizontal line in the daily time frame.
- A support zone ranging from 6.41 to 6.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.47 to 5.54. 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.
When analyzing the resistance we notice one important area.
- Resistance @7.64 from a horizontal line in the weekly 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 | 80.62 | POSITIVE | GASS has a high relative strength, it outperformed 80.62% off all stocks 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) | 60.99 | NEUTRAL | The RSI value for GASS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GASS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.21 | NEUTRAL | The Stochastics value for GASS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for GASS suggests some volalility. |
| Average Directional Index/ADX (14) | 40.14 | 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)
7.53
-0.1 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.31%
1 Week-1.31%
2 Weeks6.06%
1 Month12.89%
3 Month19.9%
6 Month35.19%
12 Month23.04%
2 Year49.55%
3 Year194.14%
5 Year153.54%
10 Year67.71%
15 Year73.1%
Volatility
ATR(14)0.32
ATR(20)%3.72%
ATR Inc20.3%
Range Today0.3
ADR(20)0.27
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.62
Mansfield1.53
10 Day High8.18
10 Day Low6.85
20 Day High8.18
20 Day Low6.58
52 Week High8.18
52 Week Low4.82
CS1 End6.97
CR1 Start7.64
Volume & EV
DER(3)1.39%
DER(5)-2.15%
Volume165.40K
Volume Incr58.5%
Vol(5)222.40K
Vol(50)118.84K