GCT SEMICONDUCTOR HOLDING IN (GCTS) Stock Technical Analysis
USA - NYSE:GCTS - US36170N1072 - Common Stock
1.45 USD
0 (0%)
1.45 USD
0 (0%)
We assign a technical rating of 2 out of 10 to GCTS. GCTS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GCTS is a bad performer in the overall market: 91% of all stocks are doing better.
GCTS is part of the Semiconductors & Semiconductor Equipment industry. There are 112 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GCTS has a been trading in the 1.39 - 1.81 range, which is quite wide. It is currently trading near the lows of this range.
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 very little resistance above the current price. There is a support zone below the current price at 1.44, a Stop Loss order could be placed below this zone.
More info and screens
1.23
1.79
4 important support areas can be observed.
- 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.
- Support @1.38 from a trend line in the weekly time frame.
- Support @1.32 from a trend line in the daily time frame.
- Support @1.24 from a horizontal line in the weekly time frame.
We can see 6 important resistance areas.
- Resistance @1.45 from a trend line in the daily time frame.
- A resistance zone ranging from 1.49 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.58 from a horizontal line in the daily time frame.
- Resistance @1.63 from a horizontal line in the weekly time frame.
- Resistance @1.67 from a trend line in the daily time frame.
- Resistance @1.77 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 | DOWN | NEGATIVE | The short term trend for GCTS is down. |
| ChartMill Relative Strength | 9.04 | NEGATIVE | GCTS has a low relative strength, it was outperformed by 90.96% 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) | 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) | 46.54 | NEUTRAL | The RSI value for GCTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GCTS has a negative trend. |
| Stochastics (14,3) | 34.4 | NEUTRAL | The Stochastics value for GCTS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for GCTS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.31 | NEGATIVE | The low ADX value for GCTS suggests a weak or negative 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)
1.45
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0%
1 Week2.11%
2 Weeks-4.61%
1 Month-11.04%
3 Month-9.94%
6 Month0%
12 Month-44.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.61%
ATR Inc-29.03%
Range Today0.04
ADR(20)0.09
ADR(20)%6.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.04
Mansfield-2.7
10 Day High1.59
10 Day Low1.41
20 Day High1.81
20 Day Low1.39
52 Week High2.86
52 Week Low0.9
CS1 End1.44
CR1 Start1.45
Volume & EV
DER(3)-3.36%
DER(5)2.33%
Volume98.50K
Volume Incr-31.61%
Vol(5)215.28K
Vol(50)287.40K