GLUCOTRACK INC (GCTK) Technical Analysis
NASDAQ:GCTK • US45824Q8042
Current stock price
GCTK Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GCTK. GCTK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GCTK is a bad performer in the overall market: 100% of all stocks are doing better.
- GCTK is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 90% of 184 stocks in the same industry do better.
- GCTK is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GCTK is lagging the market.
- In the last month GCTK has a been trading in the 1.04 - 1.65 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.
- Considerably lower volume is observed in the last couple of days.
GCTK Weekly and Daily overview Charts
GCTK Setup Rating and Analysis
The technical rating of GCTK is bad and it also does not present a 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.
More info and screens
GCTK Support and Resistance Analysis
1.08
When analyzing the resistance we notice 3 important areas.
- Resistance @1.29 from a trend line in the weekly time frame.
- Resistance @1.42 from a trend line in the daily time frame.
- Resistance @1.47 from a trend line in the daily time frame.
GCTK Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for GCTK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GCTK is down. |
| ChartMill Relative Strength | 0.78 | NEGATIVE | GCTK has a low relative strength, it was outperformed by 99.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GCTK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GCTK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GCTK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.3 | OVERSOLD | The low RSI value suggests GCTK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GCTK has a positive trend. |
| Stochastics (14,3) | 7.17 | OVERSOLD | The low Stochastics value suggests GCTK may be oversold. |
| Average True Range in percent/ATR (20) | 9.54 | HIGH VOLATILITY | The high ATR as a percentage value for GCTK suggests high volalility. |
| Average Directional Index/ADX (14) | 53.29 | POSITIVE | The high ADX value value for GCTK suggests a strong trend. |
GCTK Chart- and CandleStick Pattern Analysis
GCTK Technicals: Chart, Performance Metrics, Trend & Indicators
1.09
0 (-0.46%)
GLUCOTRACK INC / GCTK TA FAQ
What is the ChartMill technical rating of GLUCOTRACK INC (GCTK) stock?
ChartMill assigns a technical rating of 0 / 10 to GCTK.
What is the trend direction for GCTK stock?
The current trend direction for GLUCOTRACK INC (GCTK) is Bearish.
What is the RSI signal for GCTK stock?
GLUCOTRACK INC (GCTK) has an RSI value of 21.3018. This indicates that the stock is currently oversold.
What is the MACD signal for GCTK stock?
The MACD indicator for GLUCOTRACK INC (GCTK) has a value of 0.0281898, indicating a bearish trend.
What is the support and resistance level for GCTK stock?
GLUCOTRACK INC (GCTK) has a resistance level at 1.29. Check the full technical report for our detailed analysis of GCTK support and resistance levels.