GBS INC (GBS) Stock Technical Analysis
NASDAQ:GBS - Nasdaq - US36151G1058 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GBS. GBS 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, GBS is a bad performer in the overall market: 89% of all stocks are doing better.
GBS is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 64% are performing better than GBS.
GBS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GBS is lagging the market.
In the last month GBS has a been trading in the 0.38 - 0.71 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
GBS has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.44
0.66
We found 1 important support area.
- Support @0.44 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.65 from a trend 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 | DOWN | NEGATIVE | The long term trend for GBS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GBS is down. |
| ChartMill Relative Strength | 11.55 | NEGATIVE | GBS has a low relative strength, it was outperformed by 88.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GBS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GBS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.6 | NEUTRAL | The RSI value for GBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GBS has a positive trend. |
| Stochastics (14,3) | 25.81 | NEUTRAL | The Stochastics value for GBS is a neutral value. |
| Average True Range in percent/ATR (20) | 13.58 | HIGH VOLATILITY | The high ATR as a percentage value for GBS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.6 | POSITIVE | The high ADX value value for GBS 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)
0.4732
0 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.04%
1 Week2%
2 Weeks-7.22%
1 Month13.97%
3 Month-34.04%
6 Month-22.78%
12 Month-76.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%13.58%
ATR Inc-5.24%
Range Today0.03
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
CRS11.55
Mansfield-4.03
10 Day High0.54
10 Day Low0.43
20 Day High0.71
20 Day Low0.38
52 Week High2.89
52 Week Low0.36
CS1 End0.44
CR1 Start0.48
Volume & EV
DER(3)-9%
DER(5)-1.94%
Volume11.00K
Volume Incr-66.84%
Vol(5)28.68K
Vol(50)58.81K