GCL GLOBAL HOLDINGS LTD (GCL) Technical Analysis
NASDAQ:GCL • KYG3777K1031
Current stock price
GCL Technical Rating and Analysis
Overall GCL gets a technical rating of 0 out of 10. GCL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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: 97% of all stocks are doing better.
- GCL is part of the Entertainment industry. There are 79 other stocks in this industry, of which 84% are performing better than GCL.
- GCL 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 GCL is lagging the market.
- 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.
- GCL has an average volume of 1155640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GCL has a been trading in the 0.47 - 0.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GCL Weekly and Daily overview Charts
GCL Setup Rating and Analysis
The technical rating of GCL 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
GCL Support and Resistance Analysis
0.62
We found 1 important support area.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.71 to 0.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.22 from a horizontal line in the daily time frame.
GCL 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 GCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GCL is down. |
| ChartMill Relative Strength | 3.95 | NEGATIVE | GCL has a low relative strength, it was outperformed by 96.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GCL is above 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) | 45.35 | NEUTRAL | The RSI value for GCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.11 | NEUTRAL | The Stochastics value for GCL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.32 | HIGH VOLATILITY | The high ATR as a percentage value for GCL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for GCL suggests a weak or negative trend. |
GCL Chart- and CandleStick Pattern Analysis
GCL Technicals: Chart, Performance Metrics, Trend & Indicators
0.65
-0.05 (-7.47%)
GCL GLOBAL HOLDINGS LTD / GCL TA 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 45.3548. 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 0.0284858, indicating a bearish trend.
What is the support and resistance level for GCL stock?
GCL GLOBAL HOLDINGS LTD (GCL) has a support level at 0.64 and a resistance level at 0.71. Check the full technical report for our detailed analysis of GCL support and resistance levels.