GD CULTURE GROUP LTD (GDC) Stock Technical Analysis
NASDAQ:GDC • US19200A2042
Taking everything into account, GDC scores 4 out of 10 in our technical rating. Although GDC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- GDC 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 GDC has a been trading in the 3.00 - 4.73 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that GDC is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by GDC over the past year are nicely spread over this period.
- GDC is one of the better performing stocks in the Media industry, it outperforms 97% of 91 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Volume is considerably higher in the last couple of days.
GDC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.07
When analyzing the support we notice one important area.
- A support zone ranging from 3.10 to 3.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @3.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.10 to 4.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.52 from a trend line in the weekly time frame.
- Resistance @4.80 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 | NEUTRAL | NEUTRAL | The long term trend for GDC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDC is down. |
| ChartMill Relative Strength | 96.32 | POSITIVE | GDC has a high relative strength, it outperformed 96.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GDC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.09 | NEUTRAL | The RSI value for GDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GDC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.03 | NEUTRAL | The Stochastics value for GDC is a neutral value. |
| Average True Range in percent/ATR (20) | 12.98 | HIGH VOLATILITY | The high ATR as a percentage value for GDC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for GDC suggests a weak or negative trend. |
3.41
+0.11 (+3.33%)
GD CULTURE GROUP LTD / GDC FAQ
What is the technical rating for GDC stock?
ChartMill assigns a technical rating of 4 / 10 to GDC.
What is the trend direction for GDC stock?
The current trend direction for GD CULTURE GROUP LTD (GDC) is Bearish.
What is the RSI signal for GD CULTURE GROUP LTD (GDC) stock?
GD CULTURE GROUP LTD (GDC) has an RSI value of 42.0861. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for GD CULTURE GROUP LTD?
GD CULTURE GROUP LTD (GDC) has a support level at 3.13 and a resistance level at 3.56. Check the full technical report for our detailed analysis of GDC support and resistance levels.