GLUCOTRACK INC (GCTK) Stock Technical Analysis
NASDAQ:GCTK - Nasdaq - US45824Q7051 - Common Stock - Currency: USD
We assign a technical rating of 1 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.
99% of all other stocks performed better in the past year than GCTK.
GCTK is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 91% 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.
In the last month GCTK has a been trading in the 5.11 - 9.75 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.
GCTK has an average volume of 2455240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
GCTK has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.44
7.86
We found 2 important support areas.
- Support @5.69 from a horizontal line in the weekly time frame.
- Support @5.49 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.35 to 6.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.78 from a trend 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 | 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 | 1.01 | NEGATIVE | GCTK has a low relative strength, it was outperformed by 98.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GCTK is below the rising 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) | 43.43 | NEUTRAL | The RSI value for GCTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests GCTK has a negative trend. |
| Stochastics (14,3) | 13.81 | OVERSOLD | The low Stochastics value suggests GCTK may be oversold. |
| Average True Range in percent/ATR (20) | 13.69 | HIGH VOLATILITY | The high ATR as a percentage value for GCTK suggests high volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for GCTK suggests a strong trend. |
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)
5.88
+0.05 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.86%
1 Week-7.4%
2 Weeks-29.07%
1 Month1.73%
3 Month-36.77%
6 Month-84.76%
12 Month-99.51%
2 Year-99.62%
3 Year-99.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%13.69%
ATR Inc-58.05%
Range Today0.45
ADR(20)0.67
ADR(20)%11.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.01
Mansfield-9.93
10 Day High8.2
10 Day Low5.64
20 Day High9.75
20 Day Low5.11
52 Week High3756
52 Week Low5.11
CS1 End5.69
CR1 Start6.35
Volume & EV
DER(3)-1.09%
DER(5)-0.29%
Volume22.70K
Volume Incr-94.07%
Vol(5)70.94K
Vol(50)2.46M