Taking everything into account, GCT scores 10 out of 10 in our technical rating. 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.
GCT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
25.19
7 important support areas can be observed.
- A support zone ranging from 39.38 to 40.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.18 from a horizontal line in the daily time frame.
- Support @32.32 from a trend line in the weekly time frame.
- Support @28.69 from a trend line in the daily time frame.
- Support @27.58 from a trend line in the daily time frame.
- Support @26.19 from a horizontal line in the daily time frame.
- Support @25.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.53 to 40.53. 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 | 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 | 96.29 | POSITIVE | GCT has a high relative strength, it outperformed 96.29% 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) | 64.69 | NEUTRAL | The RSI value for GCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests GCT has a negative trend. |
| Stochastics (14,3) | 45.96 | NEUTRAL | The Stochastics value for GCT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for GCT suggests some volalility. |
| Average Directional Index/ADX (14) | 36.76 | POSITIVE | The high ADX value value for GCT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.54 | 39.37 | 1.17 (2.89%) | 25.00% |
| An entry @40.54. This is a Buy Stop order right above the resistance zone. | An exit @39.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.17 points, which is 2.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- The distance between exit and entry is rather small compared to the average daily movement of GCT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
40.52
+0.27 (+0.67%)
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 64.6946. 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 40.36 and a resistance level at 40.53. Check the full technical report for our detailed analysis of GCT support and resistance levels.