Goldenbridge Acquisition Ltd (GBRGW) Stock Technical Analysis
NASDAQ:GBRGW - Nasdaq - - Currency: USD
Overall GBRGW gets a technical rating of 6 out of 10. In the last year, GBRGW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: GBRGW has an average volume of 18684 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GBRGW has a been trading in the 0.02 - 0.10 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, GBRGW did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GBRGW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GBRGW is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GBRGW has an average technical rating and it also does not offer a high quality setup 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
0.10
0.12
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GBRGW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBRGW is neutral. |
| ChartMill Relative Strength | 93.87 | POSITIVE | GBRGW has a high relative strength, it outperformed 93.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GBRGW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GBRGW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GBRGW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.58 | NEUTRAL | The RSI value for GBRGW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GBRGW has a positive trend. |
| Stochastics (14,3) | 69.46 | NEUTRAL | The Stochastics value for GBRGW is a neutral value. |
| Average True Range in percent/ATR (20) | 26 | HIGH VOLATILITY | The high ATR as a percentage value for GBRGW suggests high volalility. |
| Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for GBRGW suggests a weak or negative 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)
NASDAQ:GBRGW (5/17/2023, 8:00:02 PM)
0.0999
+0.04 (+68.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg68.47%
1 Week33.2%
2 Weeks149.75%
1 Month24.88%
3 Month24.72%
6 Month99.8%
12 Month28.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%26%
ATR Inc68.54%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.87
Mansfield3.73
10 Day High0.1
10 Day Low0.02
20 Day High0.1
20 Day Low0.02
52 Week High0.17
52 Week Low0.01
CS1 EndN/A
CR1 Start0.11
Volume & EV
DER(3)-1.88%
DER(5)-19.05%
Volume6.90K
Volume Incr-80.42%
Vol(5)3.32K
Vol(50)18.68K