GDEV INC (GDEV) Stock Technical Analysis
NASDAQ:GDEV - VGG6529J2092 - Common Stock
14.4799 USD
+0.74 (+5.39%)
We assign a technical rating of 1 out of 10 to GDEV. GDEV'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GDEV is a bad performer in the overall market: 91% of all stocks are doing better.
GDEV is one of the lesser performing stocks in the Entertainment industry. 73% of 79 stocks in the same industry do better.
GDEV 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.
Warning: GDEV has an average volume of 8654 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GDEV has a been trading in the 11.25 - 15.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
GDEV has a poor technical rating and the quality of the setup is also not perfect 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
11.82
21.85
When analyzing the support we notice one important area.
- Support @11.94 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.49 to 15.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.05 from a trend line in the daily time frame.
- Resistance @21.63 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 | DOWN | NEGATIVE | The long term trend for GDEV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GDEV is neutral. |
| ChartMill Relative Strength | 9.23 | NEGATIVE | GDEV has a low relative strength, it was outperformed by 90.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDEV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GDEV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.22 | NEUTRAL | The RSI value for GDEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests GDEV has a positive trend. |
| Stochastics (14,3) | 62.47 | NEUTRAL | The Stochastics value for GDEV is a neutral value. |
| Average True Range in percent/ATR (20) | 8.26 | HIGH VOLATILITY | The high ATR as a percentage value for GDEV suggests high volalility. |
| Average Directional Index/ADX (14) | 15.32 | NEGATIVE | The low ADX value for GDEV 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)
NASDAQ:GDEV (8/29/2025, 8:26:29 PM)
14.4799
+0.74 (+5.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg5.39%
1 Week22.61%
2 Weeks-1.56%
1 Month0.55%
3 Month-6.04%
6 Month-26.03%
12 Month-39.67%
2 Year-63.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%8.26%
ATR Inc-35.84%
Range Today0.63
ADR(20)1.12
ADR(20)%7.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.23
Mansfield-3.08
10 Day High14.86
10 Day Low11.25
20 Day High15.93
20 Day Low11.25
52 Week High42.76
52 Week Low8.6
CS1 End11.94
CR1 Start14.49
Volume & EV
DER(3)9.44%
DER(5)11.72%
Volume3.00K
Volume Incr-46.37%
Vol(5)4.32K
Vol(50)8.65K