GRAYSCALE COINDESK 5 ETF (GDLC) Stock Technical Analysis
USA - NYSEARCA:GDLC - KYG407051088 - ETF
Overall GDLC gets a technical rating of 2 out of 10. In the last year, GDLC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of GDLC is bad and it also does not present a 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
48.92
2 important resistance areas can be observed.
- A resistance zone ranging from 52.30 to 52.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @55.80 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 | 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 | NEGATIVE | The current price of GDLC is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 41.48 | NEUTRAL | The RSI value for GDLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.87 | NEGATIVE | The MACD value suggests GDLC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.3 | NEUTRAL | The Stochastics value for GDLC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for GDLC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for GDLC suggests a possible start of a new trend. |
49.41
+1.7 (+3.56%)
GRAYSCALE COINDESK 5 ETF / GDLC FAQ
What is the technical rating for GDLC stock?
ChartMill assigns a technical rating of 2 / 10 to GDLC.
What is the trend direction for GDLC stock?
The current trend direction for GRAYSCALE COINDESK 5 ETF (GDLC) is Bullish.
What is the RSI signal for GRAYSCALE COINDESK 5 ETF (GDLC) stock?
GRAYSCALE COINDESK 5 ETF (GDLC) has an RSI value of 41.4813. This indicates that the stock is currently neutral.
What is the MACD signal for GDLC stock?
The MACD indicator for GRAYSCALE COINDESK 5 ETF (GDLC) has a value of -1.86849, indicating a bearish trend.
Can you provide the short term momentum for GRAYSCALE COINDESK 5 ETF?
The short term momentum for GRAYSCALE COINDESK 5 ETF (GDLC) is neutral.