GLUCOTRACK INC (GCTK) Stock Technical Analysis
NASDAQ:GCTK • US45824Q8042
Taking everything into account, GCTK scores 0 out of 10 in our technical rating. 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.
- 100% of all other stocks performed better in the past year than GCTK.
- GCTK is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, of which 88% 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 1.44 - 3.44 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GCTK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.62
We can see 2 important resistance areas.
- Resistance @2.32 from a trend line in the weekly time frame.
- Resistance @2.59 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 | 0.76 | NEGATIVE | GCTK has a low relative strength, it was outperformed by 99.24% 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) | 29.89 | OVERSOLD | The low RSI value suggests GCTK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GCTK has a positive trend. |
| Stochastics (14,3) | 32.64 | NEUTRAL | The Stochastics value for GCTK is a neutral value. |
| Average True Range in percent/ATR (20) | 13.75 | HIGH VOLATILITY | The high ATR as a percentage value for GCTK suggests high volalility. |
| Average Directional Index/ADX (14) | 46.37 | POSITIVE | The high ADX value value for GCTK suggests a strong trend. |
1.64
+0.06 (+3.8%)
GLUCOTRACK INC / GCTK 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 29.8936. 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 0.0813787, indicating a bearish trend.
What is the support and resistance level for GCTK stock?
GLUCOTRACK INC (GCTK) has a resistance level at 2.32. Check the full technical report for our detailed analysis of GCTK support and resistance levels.