Taking everything into account, GDLC scores 2 out of 10 in our technical rating. GDLC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
GDLC 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
39.37
We found 2 important support areas.
- A support zone ranging from 42.18 to 42.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 39.77 to 39.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @43.26 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 44.23 to 45.04. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for GDLC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GDLC is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | GDLC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GDLC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDLC is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.65 | NEUTRAL | The RSI value for GDLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests GDLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.26 | NEUTRAL | The Stochastics value for GDLC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for GDLC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.1 | NEGATIVE | The low ADX value for GDLC suggests a weak or negative trend. |
43.25
-0.2 (-0.46%)
GRAYSCALE COINDESK 5 ETF / GDLC FAQ
What is the technical rating for GDLC stock?
ChartMill assigns a technical rating of 2 / 10 to GDLC.
Can you provide the trend direction for GRAYSCALE COINDESK 5 ETF?
The current trend direction for GRAYSCALE COINDESK 5 ETF (GDLC) is Bullish.
What is the RSI signal for GDLC stock?
GRAYSCALE COINDESK 5 ETF (GDLC) has an RSI value of 50.6549. This indicates that the stock is currently neutral.
What is the MACD signal for GRAYSCALE COINDESK 5 ETF (GDLC) stock?
The MACD indicator for GRAYSCALE COINDESK 5 ETF (GDLC) has a value of 0.423446, indicating a bearish trend.
What is the short term momentum for GDLC stock?
The short term momentum for GRAYSCALE COINDESK 5 ETF (GDLC) is neutral.