GD CULTURE GROUP LTD (GDC) Stock Technical Analysis
USA - NASDAQ:GDC - US19200A2042 - Common Stock
We assign a technical rating of 7 out of 10 to GDC. 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.
Besides having an excellent technical rating, GDC also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.86, a Stop Loss order could be placed below this zone.
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3.71
We found 2 important support areas.
- A support zone ranging from 3.82 to 3.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.75 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.74 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for GDC is neutral. |
| ChartMill Relative Strength | 93.93 | POSITIVE | GDC has a high relative strength, it outperformed 93.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GDC is below 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) | 51.66 | NEUTRAL | The RSI value for GDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests GDC has a positive trend. |
| Stochastics (14,3) | 84.43 | OVERBOUGHT | The high Stochastics value suggests GDC may be overbought. |
| Average True Range in percent/ATR (20) | 10.41 | HIGH VOLATILITY | The high ATR as a percentage value for GDC suggests high volalility. |
| Average Directional Index/ADX (14) | 9.93 | NEGATIVE | The low ADX value for GDC suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 4.75 | 3.81 | 0.94 (19.79%) | 5.05% |
| An entry @4.75. This is a Buy Stop order right above the resistance zone. | An exit @3.81. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.94 points, which is 19.79%. | For a 1.00% total portfolio risk, you can invest 5.05% of your capital in this trade. |
- 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.
4.65
+0.22 (+4.97%)
GD CULTURE GROUP LTD / GDC FAQ
What is the technical rating for GDC stock?
ChartMill assigns a technical rating of 7 / 10 to GDC.
What is the current trend direction of GD CULTURE GROUP LTD (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 51.6579. This indicates that the stock is currently neutral.
What is the short term momentum for GDC stock?
The short term momentum for GD CULTURE GROUP LTD (GDC) is neutral.
What are the support and resistance levels for GD CULTURE GROUP LTD (GDC) stock?
GD CULTURE GROUP LTD (GDC) has a support level at 3.86 and a resistance level at 4.74. Check the full technical report for our detailed analysis of GDC support and resistance levels.