GIGACLOUD TECHNOLOGY INC - A (GCT)
KYG386441037 - Common Stock
Taking everything into account, GCT scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month GCT has a been trading in the 30.50 - 39.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that GCT is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by GCT over the past year are nicely spread over this period.
GCT is one of the better performing stocks in the Distributors industry, it outperforms 100% of 13 stocks in the same industry.
GCT has an average volume of 3038400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GCT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GCT is lagging the market slightly.
GCT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
25.70
35.74
5 important support areas can be observed.
- A support zone ranging from 31.79 to 31.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.92 to 31.26. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @30.20 from a trend line in the daily time frame.
- Support @28.70 from a trend line in the daily time frame.
- Support @25.96 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.10 to 35.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.56
Mansfield8.11
10 Day High39.19
10 Day Low30.75
20 Day High39.19
20 Day Low30.5
52 Week High45.18
52 Week Low5
Performance
1 Week-10.94%
2 Weeks-8.52%
1 Month-10.29%
3 Month27.95%
6 Month196.39%
12 Month533.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.39
RSI(14)45.99
LBB30.87
UBB38.45
GIGACLOUD TECHNOLOGY INC - A
NASDAQ:GCT (5/1/2024, 7:00:01 PM)
After market: 32.25 +0.27 (+0.84%)31.98
+0.19 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg0.6%
1 Week-10.94%
2 Weeks-8.52%
1 Month-10.29%
3 Month27.95%
6 Month196.39%
12 Month533.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.18
ATR(20)%10.04%
ATR Inc
Range Today1.92
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High39.19
10 Day Low30.75
20 Day High39.19
20 Day Low30.5
52 Week High45.18
52 Week Low5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.81M
Volume Incr-29.49%
Vol(5)2.13M
Vol(50)3.04M