GCT SEMICONDUCTOR HOLDING IN (GCTS) Technical Analysis
NYSE:GCTS • US36170N1072
Current stock price
GCTS Technical Rating and Analysis
Taking everything into account, GCTS scores 0 out of 10 in our technical rating. GCTS 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.
- 90% of all other stocks performed better in the past year than GCTS.
- GCTS is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 90% are performing better than GCTS.
- GCTS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GCTS is lagging the market.
- In the last month GCTS has a been trading in the 1.04 - 1.48 range, which is quite wide. It is currently trading near the lows of this range.
- GCTS has an average volume of 4954510 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.
GCTS Weekly and Daily overview Charts
GCTS Setup Rating and Analysis
Although the technical rating is bad, GCTS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.15. Right above this resistance zone may be a good entry point.
More info and screens
GCTS Support and Resistance Analysis
1.00
When analyzing the support we can see 2 important areas.
- Support @1.09 from a trend line in the daily time frame.
- Support @1.01 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.15 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- 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.
- Resistance @1.32 from a horizontal line in the daily time frame.
GCTS 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 GCTS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GCTS is down. |
| ChartMill Relative Strength | 10.88 | NEGATIVE | GCTS has a low relative strength, it was outperformed by 89.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GCTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GCTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GCTS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.94 | NEUTRAL | The RSI value for GCTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GCTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.22 | NEUTRAL | The Stochastics value for GCTS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for GCTS suggests high volalility. |
| Average Directional Index/ADX (14) | 27.45 | POSITIVE | The high ADX value value for GCTS suggests a strong trend. |
GCTS Chart- and CandleStick Pattern Analysis
GCTS Technicals: Chart, Performance Metrics, Trend & Indicators
1.12
-0.01 (-0.88%)
GCT SEMICONDUCTOR HOLDING IN / GCTS TA FAQ
What is the technical rating for GCTS stock?
ChartMill assigns a technical rating of 0 / 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 45.9367. 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 -0.00382289, 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 negative.