GBOX Technical Analysis - GREENBOX POS

Technical Rating and Analysis

Taking everything into account, GBOX scores 1 out of 10 in our technical rating. GBOX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, GBOX is a bad performer in the overall market: 81% of all stocks are doing better.

GBOX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month GBOX has a been trading in the 0.86 - 1.19 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

GBOX has an average volume of 3085100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

GBOX is part of the IT Services industry. There are 86 other stocks in this industry, GBOX did better than 45% of them.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

GBOX has a poor technical rating and the quality of the setup is also only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.89

1.07

2 important resistance areas can be observed.

A resistance zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @1.06 from a trend line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for GBOX is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for GBOX is down.
ChartMill Relative Strength	19.32	NEGATIVE	GBOX has a low relative strength, it was outperformed by 80.68% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of GBOX is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of GBOX is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of GBOX is below a declining SMA(200).
Relative Strength Index/RSI (14)	39.08	NEUTRAL	The RSI value for GBOX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests GBOX has a negative trend.
Stochastics (14,3)	23.11	NEUTRAL	The Stochastics value for GBOX is a neutral value.
Average True Range in percent/ATR (20)	11.81	HIGH VOLATILITY	The high ATR as a percentage value for GBOX suggests high volalility.
Average Directional Index/ADX (14)	27.34	POSITIVE	The high ADX value value for GBOX suggests a strong trend.