Taking everything into account, GCMG scores 2 out of 10 in our technical rating. 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.
GCMG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.51, a Stop Loss order could be placed below this zone.
More info and screens
10.53
2 important support areas can be observed.
- A support zone ranging from 11.24 to 11.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.64 to 10.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.56 to 11.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.24 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.75 to 12.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 13.06 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 | DOWN | NEGATIVE | The long term trend for GCMG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GCMG is neutral. |
| ChartMill Relative Strength | 27.1 | NEGATIVE | GCMG has a low relative strength, it was outperformed by 72.9% 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) | UP | POSITIVE | The current price of GCMG is above the rising 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) | 54.63 | NEUTRAL | The RSI value for GCMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GCMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.52 | NEUTRAL | The Stochastics value for GCMG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for GCMG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.77 | NEUTRAL | The ADX value for GCMG suggests a possible start of a new trend. |
11.52
+0.09 (+0.79%)
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 2 / 10 to GCMG.
What is the current trend direction of GCM GROSVENOR INC - CLASS A (GCMG) stock?
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 54.6321. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GCM GROSVENOR INC - CLASS A?
The short term momentum for GCM GROSVENOR INC - CLASS A (GCMG) is neutral.