GCT SEMICONDUCTOR HOLDING IN (GCTS) Stock Technical Analysis
NYSE:GCTS • US36170N1072
We assign a technical rating of 2 out of 10 to GCTS. In the past year, GCTS 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.
- 86% of all other stocks performed better in the past year than GCTS.
- GCTS is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 87% of 113 stocks in the same industry do better.
- GCTS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- GCTS has an average volume of 4343080 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 GCTS has a been trading in the 0.95 - 1.84 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.
Although the technical rating is bad, GCTS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.23, a Stop Loss order could be placed below this zone.
More info and screens
1.21
We found 1 important support area.
- A support zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.25 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.31 to 1.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 GCTS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GCTS is up. |
| ChartMill Relative Strength | 14.47 | NEGATIVE | GCTS has a low relative strength, it was outperformed by 85.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GCTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GCTS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GCTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.23 | NEUTRAL | The RSI value for GCTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GCTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.83 | NEUTRAL | The Stochastics value for GCTS is a neutral value. |
| Average True Range in percent/ATR (20) | 11.23 | HIGH VOLATILITY | The high ATR as a percentage value for GCTS suggests high volalility. |
| Average Directional Index/ADX (14) | 40.42 | POSITIVE | The high ADX value value for GCTS suggests a strong trend. |
1.24
+0.01 (+0.81%)
GCT SEMICONDUCTOR HOLDING IN / GCTS FAQ
What is the technical rating for GCTS stock?
ChartMill assigns a technical rating of 2 / 10 to GCTS.
Can you provide the trend direction for GCT SEMICONDUCTOR HOLDING IN?
The current trend direction for GCT SEMICONDUCTOR HOLDING IN (GCTS) is Bearish.
What is the RSI signal for GCTS stock?
GCT SEMICONDUCTOR HOLDING IN (GCTS) has an RSI value of 55.226. This indicates that the stock is currently neutral.
What is the MACD signal for GCT SEMICONDUCTOR HOLDING IN (GCTS) stock?
The MACD indicator for GCT SEMICONDUCTOR HOLDING IN (GCTS) has a value of 0.0203216, indicating a bearish trend.
What is the short term momentum for GCT SEMICONDUCTOR HOLDING IN (GCTS) stock?
The short term momentum for GCT SEMICONDUCTOR HOLDING IN (GCTS) is positive.