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's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than GDYN.
- GDYN is one of the lesser performing stocks in the IT Services industry. 77% of 88 stocks in the same industry do better.
- GDYN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GDYN is lagging the market.
- In the last month GDYN has a been trading in the 5.85 - 7.54 range, which is quite wide. It is currently trading near the lows of this range.
- GDYN has an average volume of 1504890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GDYN Weekly and Daily overview Charts
GDYN Setup Rating and Analysis
GDYN has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
GDYN Support and Resistance Analysis
5.96
We can see 2 important resistance areas.
- A resistance zone ranging from 6.26 to 6.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.96 from a trend line in the daily time frame.
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 | 5.73 | NEGATIVE | GDYN has a low relative strength, it was outperformed by 94.27% 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) | 35.27 | NEUTRAL | The RSI value for GDYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GDYN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.41 | OVERSOLD | The low Stochastics value suggests GDYN may be oversold. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for GDYN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.04 | POSITIVE | The high ADX value value for GDYN suggests a strong trend. |
GDYN Chart- and CandleStick Pattern Analysis
GDYN Technicals: Chart, Performance Metrics, Trend & Indicators
6.02
+0.05 (+0.84%)
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.
Can you provide the RSI signal for GRID DYNAMICS HOLDINGS INC?
GRID DYNAMICS HOLDINGS INC (GDYN) has an RSI value of 35.2734. This indicates that the stock is currently neutral.
What is the MACD signal for GDYN stock?
The MACD indicator for GRID DYNAMICS HOLDINGS INC (GDYN) has a value of -0.0125235, indicating a bearish trend.
What is the short term momentum for GDYN stock?
The short term momentum for GRID DYNAMICS HOLDINGS INC (GDYN) is negative.