Taking everything into account, GDS scores 2 out of 10 in our technical rating. 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.
The technical rating of GDS 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
24.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 29.02 to 29.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 30.93 to 30.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.57 from a trend line in the daily time frame.
- Resistance @38.87 from a trend line in the weekly time frame.
- Resistance @40.31 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for GDS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDS is down. |
| ChartMill Relative Strength | 90.88 | POSITIVE | GDS has a high relative strength, it outperformed 90.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GDS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.68 | NEUTRAL | The RSI value for GDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests GDS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.57 | NEUTRAL | The Stochastics value for GDS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for GDS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for GDS suggests a possible start of a new trend. |
30.92
+0.63 (+2.08%)
GDS HOLDINGS LTD - ADR / GDS FAQ
Can you provide the ChartMill technical rating for GDS HOLDINGS LTD - ADR?
ChartMill assigns a technical rating of 2 / 10 to GDS.
Can you provide the trend direction for GDS HOLDINGS LTD - ADR?
The current trend direction for GDS HOLDINGS LTD - ADR (GDS) is Bearish.
What is the RSI signal for GDS HOLDINGS LTD - ADR (GDS) stock?
GDS HOLDINGS LTD - ADR (GDS) has an RSI value of 41.6758. This indicates that the stock is currently neutral.
What is the short term momentum for GDS HOLDINGS LTD - ADR (GDS) stock?
The short term momentum for GDS HOLDINGS LTD - ADR (GDS) is negative.
What are the support and resistance levels for GDS HOLDINGS LTD - ADR (GDS) stock?
GDS HOLDINGS LTD - ADR (GDS) has a support level at 29.66 and a resistance level at 30.93. Check the full technical report for our detailed analysis of GDS support and resistance levels.