GCTK Technical Analysis - GLUCOTRACK INC

Technical Rating and Analysis

We assign a technical rating of 3 out of 10 to GCTK. In the past year, GCTK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

94% of all other stocks performed better in the past year than GCTK.

GCTK is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry, of which 71% are performing better than GCTK.

GCTK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

GCTK has an average volume of 1716320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.

In the last month GCTK has a been trading in the 5.49 - 9.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

GLUCOTRACK INC / GCTK Weekly stock chart

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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

7.61

10.58

We can see 3 important resistance areas.

Resistance @8.21 from a trend line in the daily time frame.
Resistance @8.57 from a horizontal line in the daily time frame.
Resistance @10.48 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The short term trend for GCTK is up.
ChartMill Relative Strength	6.28	NEGATIVE	GCTK has a low relative strength, it was outperformed by 93.72% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of GCTK is above a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of GCTK is above the rising 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)	56.82	NEUTRAL	The RSI value for GCTK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.11	POSITIVE	The MACD value suggests GCTK has a positive trend, although the MACD value is declining.
Stochastics (14,3)	66.93	NEUTRAL	The Stochastics value for GCTK is a neutral value.
Average True Range in percent/ATR (20)	8.46	HIGH VOLATILITY	The high ATR as a percentage value for GCTK suggests high volalility.
Average Directional Index/ADX (14)	37.53	POSITIVE	The high ADX value value for GCTK suggests a strong trend.