GDS HOLDINGS LTD - ADR (GDS) Stock Technical Analysis
NASDAQ:GDS - Nasdaq - US36165L1089 - ADR - Currency: USD
Taking everything into account, GDS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GDS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GDS did better than 97% of all other stocks. We also observe that the gains produced by GDS over the past year are nicely spread over this period.
GDS is one of the better performing stocks in the IT Services industry, it outperforms 92% of 82 stocks in the same industry.
In the last month GDS has a been trading in the 31.68 - 39.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GDS has an average volume of 2052450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GDS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GDS is lagging the market.
GDS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.43
38.51
We found 5 important support areas.
- Support @34.85 from a trend line in the daily time frame.
- A support zone ranging from 34.11 to 34.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.00 to 31.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @25.42 from a trend line in the weekly time frame.
- Support @22.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 36.55 to 36.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.59 to 38.13. 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 | UP | POSITIVE | The long term trend for GDS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDS is up. |
| ChartMill Relative Strength | 97.68 | POSITIVE | GDS has a high relative strength, it outperformed 97.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GDS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.23 | NEUTRAL | The RSI value for GDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests GDS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.27 | NEUTRAL | The Stochastics value for GDS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for GDS suggests some volalility. |
| Average Directional Index/ADX (14) | 35.09 | POSITIVE | The high ADX value value for GDS 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)
35.67
+0.12 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.34%
1 Week1.13%
2 Weeks-2.86%
1 Month10.67%
3 Month40.16%
6 Month30.73%
12 Month218.2%
2 Year198.24%
3 Year30.95%
5 Year-55.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.6
ATR(20)%4.84%
ATR Inc-29.69%
Range Today0.91
ADR(20)1.36
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.68
Mansfield2.98
10 Day High38.49
10 Day Low33.33
20 Day High39.68
20 Day Low31.68
52 Week High52.5
52 Week Low11.02
CS1 End34.85
CR1 Start36.55
Volume & EV
DER(3)0.57%
DER(5)1.19%
Volume638.25K
Volume Incr-33%
Vol(5)1.43M
Vol(50)2.05M