We assign a technical rating of 5 out of 10 to GDS. Although GDS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Looking at the yearly performance, GDS did better than 98% 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 part of the IT Services industry. There are 82 other stocks in this industry. GDS outperforms 95% of them.
In the last month GDS has a been trading in the 16.92 - 26.66 range, which is quite wide. It is currently trading near the high of this range.
GDS has an average volume of 3965170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
GDS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.