GD CULTURE GROUP LTD (GDC) Stock Technical Analysis
NASDAQ:GDC - Nasdaq - US19200A2042 - Common Stock - Currency: USD
Taking everything into account, GDC scores 7 out of 10 in our technical rating. GDC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
GDC 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 GDC is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
GDC is one of the better performing stocks in the Media industry, it outperforms 97% of 96 stocks in the same industry.
Looking at the yearly performance, GDC did better than 98% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month GDC has a been trading in the 1.80 - 3.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GDC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for GDC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.02
2.72
4 important support areas can be observed.
- A support zone ranging from 2.66 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.37 to 2.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.12 from a trend line in the daily time frame.
- Support @2.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.69 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for GDC is up. |
| ChartMill Relative Strength | 98.23 | POSITIVE | GDC has a high relative strength, it outperformed 98.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GDC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.96 | NEUTRAL | The RSI value for GDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GDC has a positive trend. |
| Stochastics (14,3) | 39.07 | NEUTRAL | The Stochastics value for GDC is a neutral value. |
| Average True Range in percent/ATR (20) | 13.51 | HIGH VOLATILITY | The high ATR as a percentage value for GDC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.41 | POSITIVE | The high ADX value value for GDC 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.70 | 2.65 | 0.05 (1.85%) | 25.00% |
| An entry @2.70. This is a Buy Stop order right above the resistance zone. | An exit @2.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.05 points, which is 1.85%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GDC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.68
+0.08 (+3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg3.08%
1 Week16.78%
2 Weeks17.54%
1 Month0%
3 Month39.58%
6 Month2.68%
12 Month176.57%
2 Year-45.42%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%13.51%
ATR Inc-51.7%
Range Today0.18
ADR(20)0.36
ADR(20)%13.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.23
Mansfield1.31
10 Day High2.74
10 Day Low1.97
20 Day High3.95
20 Day Low1.8
52 Week High12.18
52 Week Low0.91
CS1 End2.67
CR1 Start2.69
Volume & EV
DER(3)10.39%
DER(5)10.56%
Volume39.80K
Volume Incr-90.34%
Vol(5)73.54K
Vol(50)339.75K