Overall GCT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GCT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GCT has an excellent technical rating, it does not offer a high quality setup 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.
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25.19
When analyzing the support we can see 4 important areas.
- Support @34.97 from a trend line in the daily time frame.
- A support zone ranging from 29.62 to 30.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.93 from a trend line in the daily time frame.
- Support @25.44 from a horizontal line 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 | UP | POSITIVE | The long term trend for GCT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GCT is up. |
| ChartMill Relative Strength | 92.52 | POSITIVE | GCT has a high relative strength, it outperformed 92.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GCT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.05 | NEUTRAL | The RSI value for GCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests GCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.08 | OVERBOUGHT | The high Stochastics value suggests GCT may be overbought. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for GCT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.22 | POSITIVE | The high ADX value value for GCT suggests a strong trend. |
37.1
-0.22 (-0.59%)
GIGACLOUD TECHNOLOGY INC - A / GCT FAQ
What is the technical rating for GCT stock?
ChartMill assigns a technical rating of 10 / 10 to GCT.
Can you provide the trend direction for GIGACLOUD TECHNOLOGY INC - A?
The current trend direction for GIGACLOUD TECHNOLOGY INC - A (GCT) is Bullish.
What is the RSI signal for GCT stock?
GIGACLOUD TECHNOLOGY INC - A (GCT) has an RSI value of 69.0499. This indicates that the stock is currently neutral.
What is the buy/sell signal for GCT stock?
The buy/sell signal for GIGACLOUD TECHNOLOGY INC - A (GCT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for GIGACLOUD TECHNOLOGY INC - A (GCT) stock?
GIGACLOUD TECHNOLOGY INC - A (GCT) has a support level at 34.97. Check the full technical report for our detailed analysis of GCT support and resistance levels.