GCT SEMICONDUCTOR HOLDING IN (GCTS) Stock Technical Analysis
NYSE:GCTS - New York Stock Exchange, Inc. - US36170N1072 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to GCTS. Recently some decent action could be observed, but in the medium term time frame this is still negative. GCTS was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, GCTS is a bad performer in the overall market: 95% of all stocks are doing better.
GCTS is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 92% are performing better than GCTS.
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.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GCTS has a been trading in the 0.90 - 1.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GCTS has an average technical rating and the quality of the presented setup is also not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.40
2.10
When analyzing the support we notice one important area.
- A support zone ranging from 1.41 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @1.55 from a horizontal line in the daily time frame.
- Resistance @1.97 from a trend line in the daily time frame.
- Resistance @2.08 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 GCTS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GCTS is up. |
| ChartMill Relative Strength | 5.51 | NEGATIVE | GCTS has a low relative strength, it was outperformed by 94.49% 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) | UP | POSITIVE | The current price of GCTS is above the rising 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) | 57.34 | NEUTRAL | The RSI value for GCTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GCTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.22 | NEUTRAL | The Stochastics value for GCTS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.8 | HIGH VOLATILITY | The high ATR as a percentage value for GCTS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.4 | POSITIVE | The high ADX value value for GCTS 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)
1.49
+0.07 (+4.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.93%
1 Week5.67%
2 Weeks8.76%
1 Month44.66%
3 Month2.05%
6 Month-40.16%
12 Month-71.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%9.8%
ATR Inc-34.77%
Range Today0.1
ADR(20)0.14
ADR(20)%9.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.51
Mansfield-4.14
10 Day High1.73
10 Day Low1.35
20 Day High1.73
20 Day Low0.9
52 Week High5.39
52 Week Low0.9
CS1 End1.42
CR1 Start1.47
Volume & EV
DER(3)-9.57%
DER(5)-5.81%
Volume626.60K
Volume Incr-25.19%
Vol(5)780.48K
Vol(50)764.70K