GDEV INC (GDEV) Stock Technical Analysis
NASDAQ:GDEV - Nasdaq - VGG6529J2092 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to GDEV. In the last year, GDEV was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
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.
In the last month GDEV has a been trading in the 14.98 - 23.80 range, which is quite wide. It is currently trading near the lows of this range.
Warning: GDEV has an average volume of 23192 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, GDEV outperforms 56% of them, which is more or less in line with the market.
GDEV is an average performer in the Entertainment industry, it outperforms 56% of 72 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
GDEV has an average technical rating and it also does not offer a high quality setup 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
14.67
21.72
When analyzing the support we can see 2 important areas.
- Support @15.07 from a horizontal line in the daily time frame.
- Support @14.82 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.76 to 15.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.27 from a trend line in the weekly time frame.
- A resistance zone ranging from 21.46 to 21.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for GDEV is neutral. |
| ChartMill Relative Strength | 56.05 | NEUTRAL | GDEV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDEV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GDEV is below the rising 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) | 46.13 | NEUTRAL | The RSI value for GDEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests GDEV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.13 | OVERSOLD | The low Stochastics value suggests GDEV may be oversold. |
| Average True Range in percent/ATR (20) | 13.57 | HIGH VOLATILITY | The high ATR as a percentage value for GDEV suggests high volalility. |
| Average Directional Index/ADX (14) | 17.04 | 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 (7/3/2025, 7:30:54 PM)
15.75
+0.65 (+4.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg4.3%
1 Week-6.47%
2 Weeks-3.67%
1 Month-3.64%
3 Month61.7%
6 Month-19.23%
12 Month-36.23%
2 Year-77.72%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.79
ATR(20)%13.57%
ATR Inc-44.95%
Range Today1.77
ADR(20)1.97
ADR(20)%12.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.05
Mansfield-3.06
10 Day High18.5
10 Day Low14.98
20 Day High23.8
20 Day Low14.98
52 Week High42.76
52 Week Low8.6
CS1 End15.07
CR1 Start15.76
Volume & EV
DER(3)1.18%
DER(5)1.43%
Volume11.70K
Volume Incr-64.65%
Vol(5)7.36K
Vol(50)23.19K