GRID DYNAMICS HOLDINGS INC (GDYN) Technical Analysis
NASDAQ:GDYN • US39813G1094
Current stock price
GDYN Technical Rating and Analysis
Taking everything into account, GDYN scores 0 out of 10 in our technical rating. 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.
- 95% of all other stocks performed better in the past year than GDYN.
- GDYN is part of the IT Services industry. There are 88 other stocks in this industry, of which 80% are performing better than GDYN.
- 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 5.48 - 7.54 range, which is quite wide. It is currently trading near the lows of this range.
- GDYN has an average volume of 1632850 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
The technical rating of GDYN 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
GDYN Support and Resistance Analysis
5.70
We found 1 important support area.
- A support zone ranging from 5.76 to 5.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.81 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 | 5.55 | NEGATIVE | GDYN has a low relative strength, it was outperformed by 94.45% 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) | 34.1 | NEUTRAL | The RSI value for GDYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GDYN has a positive trend. |
| Stochastics (14,3) | 16.3 | OVERSOLD | The low Stochastics value suggests GDYN may be oversold. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for GDYN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.97 | 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
5.77
+0.13 (+2.3%)
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 34.1022. 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 0.00296481, 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 5.76. Check the full technical report for our detailed analysis of GDYN support and resistance levels.