GRID DYNAMICS HOLDINGS INC (GDYN) Technical Analysis
NASDAQ:GDYN • US39813G1094
Current stock price
GDYN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GDYN. GDYN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GDYN is a bad performer in the overall market: 95% of all stocks are doing better.
- GDYN is one of the lesser performing stocks in the IT Services industry. 70% of 89 stocks in the same industry do better.
- GDYN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- GDYN has an average volume of 1538150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GDYN has a been trading in the 5.13 - 6.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GDYN Weekly and Daily overview Charts
GDYN Setup Rating and Analysis
GDYN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for GDYN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GDYN Support and Resistance Analysis
5.54
2 important resistance areas can be observed.
- A resistance zone ranging from 5.68 to 5.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.96 to 6.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
GDYN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for GDYN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDYN is down. |
| ChartMill Relative Strength | 5.52 | NEGATIVE | GDYN has a low relative strength, it was outperformed by 94.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDYN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDYN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GDYN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.53 | NEUTRAL | The RSI value for GDYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GDYN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.3 | NEUTRAL | The Stochastics value for GDYN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for GDYN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for GDYN suggests a weak or negative trend. |
GDYN Chart- and CandleStick Pattern Analysis
GDYN Technicals: Chart, Performance Metrics, Trend & Indicators
5.6
+0.01 (+0.18%)
GRID DYNAMICS HOLDINGS INC / GDYN TA FAQ
What is the ChartMill technical rating of GRID DYNAMICS HOLDINGS INC (GDYN) stock?
ChartMill assigns a technical rating of 0 / 10 to GDYN.
Can you provide the trend direction for GRID DYNAMICS HOLDINGS INC?
The current trend direction for GRID DYNAMICS HOLDINGS INC (GDYN) is Bearish.
What is the RSI signal for GDYN stock?
GRID DYNAMICS HOLDINGS INC (GDYN) has an RSI value of 42.5295. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GRID DYNAMICS HOLDINGS INC?
The MACD indicator for GRID DYNAMICS HOLDINGS INC (GDYN) has a value of 0.0310288, indicating a bearish trend.
Can you provide the support and resistance levels for GRID DYNAMICS HOLDINGS INC?
GRID DYNAMICS HOLDINGS INC (GDYN) has a resistance level at 5.68. Check the full technical report for our detailed analysis of GDYN support and resistance levels.