Overall GCMG gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GCMG was also a bad performer in the overall market in the last year.
- 74% of all other stocks performed better in the past year than GCMG.
- GCMG is one of the lesser performing stocks in the Capital Markets industry. 61% of 238 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month GCMG has a been trading in the 11.21 - 11.93 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- 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 11.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.70, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.53
We found 2 important support areas.
- A support zone ranging from 11.32 to 11.70. 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 10.78. 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.
- Resistance @11.74 from a horizontal line in the daily time frame.
- Resistance @12.11 from a trend line in the weekly time frame.
- Strong resistance @12.79 from a horizontal line 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 | 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 | 26.97 | NEGATIVE | GCMG has a low relative strength, it was outperformed by 73.03% 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) | 57.94 | NEUTRAL | The RSI value for GCMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GCMG has a positive trend. |
| Stochastics (14,3) | 64.6 | NEUTRAL | The Stochastics value for GCMG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for GCMG suggests some volalility. |
| Average Directional Index/ADX (14) | 11.96 | NEGATIVE | The low ADX value for GCMG suggests a weak or negative trend. |
11.73
+0.05 (+0.43%)
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 57.9361. 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 0.00961347, 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 11.7 and a resistance level at 11.74. Check the full technical report for our detailed analysis of GCMG support and resistance levels.