ABERDEEN GTR CHINA FD INC (GCH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GCH - US0030311015
We assign a technical rating of 1 out of 10 to GCH. GCH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month GCH has a been trading in the 11.79 - 13.73 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: GCH has an average volume of 16008 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, GCH outperforms 54% of them, which is more or less in line with the market.
- GCH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GCH is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of GCH is bad and it also does not present a 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
11.88
When analyzing the support we notice one important area.
- A support zone ranging from 12.00 to 12.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.94 to 13.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.62 from a trend line in the daily time frame.
- A resistance zone ranging from 14.02 to 14.02. 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 GCH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GCH is down. |
| ChartMill Relative Strength | 54.89 | NEUTRAL | GCH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GCH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GCH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GCH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.01 | NEUTRAL | The RSI value for GCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GCH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.42 | NEUTRAL | The Stochastics value for GCH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for GCH suggests some volalility. |
NYSE:GCH (4/27/2018, 8:04:01 PM)
12.37
+0.01 (+0.08%)
ABERDEEN GTR CHINA FD INC / GCH FAQ
What is the ChartMill technical rating of ABERDEEN GTR CHINA FD INC (GCH) stock?
ChartMill assigns a technical rating of 1 / 10 to GCH.
Can you provide the trend direction for ABERDEEN GTR CHINA FD INC?
The current trend direction for ABERDEEN GTR CHINA FD INC (GCH) is Bearish.
What is the RSI signal for ABERDEEN GTR CHINA FD INC (GCH) stock?
ABERDEEN GTR CHINA FD INC (GCH) has an RSI value of 39.0099. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ABERDEEN GTR CHINA FD INC?
The short term momentum for ABERDEEN GTR CHINA FD INC (GCH) is negative.
Can you provide the support and resistance levels for ABERDEEN GTR CHINA FD INC?
ABERDEEN GTR CHINA FD INC (GCH) has a support level at 12.17 and a resistance level at 12.94. Check the full technical report for our detailed analysis of GCH support and resistance levels.