GCM GROSVENOR INC - CLASS A (GCMG) Stock Technical Analysis
NASDAQ:GCMG • US36831E1082
We assign a technical rating of 4 out of 10 to GCMG. In the past year, GCMG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, GCMG is a bad performer in the overall market: 76% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- GCMG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- GCMG is an average performer in the Capital Markets industry, it outperforms 48% of 238 stocks in the same industry.
- GCMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GCMG is lagging the market.
GCMG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.44, a Stop Loss order could be placed below this zone.
More info and screens
9.78
2 important support areas can be observed.
- A support zone ranging from 11.25 to 11.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.88 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.67 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.86 to 13.13. 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 GCMG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GCMG is up. |
| ChartMill Relative Strength | 24.68 | NEGATIVE | GCMG has a low relative strength, it was outperformed by 75.32% 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 | MIXED | The current price of GCMG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GCMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.38 | NEUTRAL | The RSI value for GCMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GCMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.67 | NEUTRAL | The Stochastics value for GCMG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for GCMG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for GCMG suggests a possible start of a new trend. |
11.58
-0.32 (-2.69%)
GCM GROSVENOR INC - CLASS A / GCMG FAQ
Can you provide the ChartMill technical rating for GCM GROSVENOR INC - CLASS A?
ChartMill assigns a technical rating of 4 / 10 to GCMG.
Can you provide the trend direction for GCM GROSVENOR INC - CLASS A?
The current trend direction for GCM GROSVENOR INC - CLASS A (GCMG) is Bearish.
What is the RSI signal for GCMG stock?
GCM GROSVENOR INC - CLASS A (GCMG) has an RSI value of 52.3763. This indicates that the stock is currently neutral.
What is the MACD signal for GCM GROSVENOR INC - CLASS A (GCMG) stock?
The MACD indicator for GCM GROSVENOR INC - CLASS A (GCMG) has a value of 0.0628984, indicating a bearish trend.
What is the support and resistance level for GCMG stock?
GCM GROSVENOR INC - CLASS A (GCMG) has a support level at 11.44 and a resistance level at 11.67. Check the full technical report for our detailed analysis of GCMG support and resistance levels.