Overall GDYN gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GDYN was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, GDYN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
7.43
3 important support areas can be observed.
- A support zone ranging from 9.19 to 9.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.65 from a horizontal line in the daily time frame.
- Support @7.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.61 to 9.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for GDYN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GDYN is neutral. |
| ChartMill Relative Strength | 14.46 | NEGATIVE | GDYN has a low relative strength, it was outperformed by 85.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GDYN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDYN is above the rising 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) | 50.12 | NEUTRAL | The RSI value for GDYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GDYN has a negative trend. |
| Stochastics (14,3) | 34.54 | NEUTRAL | The Stochastics value for GDYN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for GDYN suggests some volalility. |
| Average Directional Index/ADX (14) | 32.51 | POSITIVE | The high ADX value value for GDYN suggests a strong trend. |
9.2
-0.32 (-3.36%)
GRID DYNAMICS HOLDINGS INC / GDYN FAQ
What is the ChartMill technical rating of GRID DYNAMICS HOLDINGS INC (GDYN) stock?
ChartMill assigns a technical rating of 4 / 10 to GDYN.
What is the trend direction for GDYN stock?
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 50.1234. This indicates that the stock is currently neutral.
What is the MACD signal for GRID DYNAMICS HOLDINGS INC (GDYN) stock?
The MACD indicator for GRID DYNAMICS HOLDINGS INC (GDYN) has a value of -0.0640655, indicating a bearish trend.