GCM GROSVENOR INC - CLASS A (GCMG) Stock Technical Analysis
NASDAQ:GCMG - Nasdaq - US36831E1082 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to GCMG. In the last year, GCMG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
GCMG is one of the better performing stocks in the Capital Markets industry, it outperforms 78% of 231 stocks in the same industry.
In the last month GCMG has a been trading in the 12.02 - 12.92 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the yearly performance of all stocks, we notice that GCMG is one of the better performing stocks in the market, outperforming 74% of all stocks. However, we also see that GCMG couldn't keep up this performance in the last couple of months.
GCMG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GCMG is lagging the market slightly.
Although the technical rating is only medium, GCMG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.31, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GCMG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.61
14.56
We found 2 important support areas.
- A support zone ranging from 11.98 to 12.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.73 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.69 to 12.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.23 to 14.42. 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 | UP | POSITIVE | The long term trend for GCMG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GCMG is neutral. |
| ChartMill Relative Strength | 74.52 | POSITIVE | GCMG has a high relative strength, it outperformed 74.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GCMG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GCMG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GCMG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.9 | NEUTRAL | The RSI value for GCMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GCMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.97 | NEUTRAL | The Stochastics value for GCMG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for GCMG suggests some volalility. |
| Average Directional Index/ADX (14) | 32.16 | POSITIVE | The high ADX value value for GCMG 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)
12.61
-0.21 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.64%
1 Week2.77%
2 Weeks0.24%
1 Month0.16%
3 Month-10.69%
6 Month1.61%
12 Month25.47%
2 Year82.75%
3 Year53.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.04%
ATR Inc7.92%
Range Today0.32
ADR(20)0.25
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.52
Mansfield0.26
10 Day High12.92
10 Day Low12.08
20 Day High12.92
20 Day Low12.02
52 Week High14.48
52 Week Low9.25
CS1 End12.31
CR1 Start12.69
Volume & EV
DER(3)3.95%
DER(5)3.03%
Volume562.90K
Volume Incr12.12%
Vol(5)476.93K
Vol(50)440.83K