GDEV INC (GDEV) Stock Technical Analysis
NASDAQ:GDEV - Nasdaq - VGG6529J2092 - Common Stock - Currency: USD
Taking everything into account, GDEV scores 7 out of 10 in our technical rating. GDEV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: GDEV has an average volume of 24808 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month GDEV has a been trading in the 14.52 - 21.99 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, GDEV did better than 70% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
GDEV is an average performer in the Entertainment industry, it outperforms 67% of 72 stocks in the same industry.
GDEV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GDEV is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GDEV has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.27
23.57
When analyzing the support we notice one important area.
- A support zone ranging from 16.43 to 16.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.37 to 21.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.34 from a trend 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 GDEV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDEV is up. |
| ChartMill Relative Strength | 70.42 | POSITIVE | GDEV has a high relative strength, it outperformed 70.42% 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) | UP | POSITIVE | The current price of GDEV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GDEV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 77.6 | OVERBOUGHT | The high RSI value suggests GDEV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests GDEV has a positive trend. |
| Stochastics (14,3) | 83.77 | OVERBOUGHT | The high Stochastics value suggests GDEV may be overbought. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for GDEV suggests high volalility. |
| Average Directional Index/ADX (14) | 34.22 | POSITIVE | The high ADX value value for GDEV 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)
NASDAQ:GDEV (6/6/2025, 8:00:01 PM)
21.36
+2.76 (+14.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg14.84%
1 Week38.61%
2 Weeks34.68%
1 Month38.25%
3 Month19.93%
6 Month-5.4%
12 Month-2.91%
2 Year-66.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%5.47%
ATR Inc295.64%
Range Today3.66
ADR(20)1.1
ADR(20)%5.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.42
Mansfield-0.57
10 Day High21.99
10 Day Low14.52
20 Day High21.99
20 Day Low14.52
52 Week High42.76
52 Week Low8.6
CS1 End16.53
CR1 Start21.37
Volume & EV
DER(3)10.99%
DER(5)5.94%
Volume42.90K
Volume Incr7.47%
Vol(5)29.06K
Vol(50)24.81K