GCL GLOBAL HOLDINGS LTD (GCL) Stock Technical Analysis
NASDAQ:GCL • KYG3777K1031
Taking everything into account, GCL scores 0 out of 10 in our technical rating. GCL 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, GCL is a bad performer in the overall market: 100% of all stocks are doing better.
- GCL is part of the Entertainment industry. There are 80 other stocks in this industry, of which 86% are performing better than GCL.
- GCL 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 GCL has a been trading in the 0.66 - 1.34 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.
- GCL has an average volume of 1127530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
GCL has a poor technical rating and the quality of the setup is also not perfect 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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0.68
When analyzing the resistance we notice one important area.
- Resistance @1.22 from a horizontal 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 GCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GCL is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GCL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GCL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.7 | NEUTRAL | The RSI value for GCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GCL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.79 | OVERSOLD | The low Stochastics value suggests GCL may be oversold. |
| Average True Range in percent/ATR (20) | 17.63 | HIGH VOLATILITY | The high ATR as a percentage value for GCL suggests high volalility. |
| Average Directional Index/ADX (14) | 11.91 | NEGATIVE | The low ADX value for GCL suggests a weak or negative trend. |
0.683
-0.01 (-2.09%)
GCL GLOBAL HOLDINGS LTD / GCL FAQ
What is the ChartMill technical rating of GCL GLOBAL HOLDINGS LTD (GCL) stock?
ChartMill assigns a technical rating of 0 / 10 to GCL.
Can you provide the trend direction for GCL GLOBAL HOLDINGS LTD?
The current trend direction for GCL GLOBAL HOLDINGS LTD (GCL) is Bearish.
What is the RSI signal for GCL stock?
GCL GLOBAL HOLDINGS LTD (GCL) has an RSI value of 33.7028. This indicates that the stock is currently neutral.
What is the MACD signal for GCL GLOBAL HOLDINGS LTD (GCL) stock?
The MACD indicator for GCL GLOBAL HOLDINGS LTD (GCL) has a value of -0.0253538, indicating a bearish trend.
What is the support and resistance level for GCL stock?
GCL GLOBAL HOLDINGS LTD (GCL) has a resistance level at 1.22. Check the full technical report for our detailed analysis of GCL support and resistance levels.