GCM GROSVENOR INC - CLASS A (GCMG) Stock Technical Analysis
NASDAQ:GCMG - Nasdaq - US36831E1082 - Common Stock - Currency: USD
Taking everything into account, GCMG scores 4 out of 10 in our technical rating. GCMG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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 11.30 - 12.29 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, GCMG outperforms 47% of them, which is more or less in line with the market.
GCMG is part of the Capital Markets industry. There are 235 other stocks in this industry, GCMG did better than 51% of them.
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 an average technical rating and also the quality of the setup is only medium 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
10.99
12.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.77 to 12.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.39 to 11.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.10 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.20 to 12.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.79 to 12.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 47.98 | NEUTRAL | GCMG is not amongst the best or worst performers 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) | UP | MIXED | The current price of GCMG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.84 | NEUTRAL | The RSI value for GCMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GCMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.16 | OVERBOUGHT | The high Stochastics value suggests GCMG may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for GCMG suggests low volalility. |
| Average Directional Index/ADX (14) | 21.87 | NEUTRAL | The ADX value for GCMG suggests a possible start of a new 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)
12.19
-0.01 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.08%
1 Week3.22%
2 Weeks3.57%
1 Month6.18%
3 Month-1.61%
6 Month-9.3%
12 Month10.42%
2 Year55.29%
3 Year54.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.84%
ATR Inc-13.75%
Range Today0.19
ADR(20)0.22
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.98
Mansfield-0.88
10 Day High12.29
10 Day Low11.63
20 Day High12.29
20 Day Low11.3
52 Week High14.48
52 Week Low10.04
CS1 End12.09
CR1 Start12.2
Volume & EV
DER(3)0.99%
DER(5)0.31%
Volume376.40K
Volume Incr-20.38%
Vol(5)451.10K
Vol(50)498.91K