Great Elm Capital Group Inc (GEC) Technical Analysis
NYSE:GEC
Current stock price
GEC Technical Rating and Analysis
Overall GEC gets a technical rating of 5 out of 10. GEC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 90% of all other stocks performed better in the past year than GEC.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- GEC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GEC is lagging the market.
- In the last month GEC has a been trading in the 2.35 - 2.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GEC Weekly and Daily overview Charts
GEC Setup Rating and Analysis
GEC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. 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
GEC Support and Resistance Analysis
1.73
5 important support areas can be observed.
- A support zone ranging from 2.46 to 2.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.34 to 2.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.01 from a trend line in the weekly time frame.
- Support @1.84 from a trend line in the daily time frame.
- Support @1.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.76 from a horizontal line in the weekly time frame.
- Resistance @2.81 from a horizontal line in the daily time frame.
GEC 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 | NEUTRAL | NEUTRAL | The long term trend for GEC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEC is up. |
| ChartMill Relative Strength | 10.17 | NEGATIVE | GEC has a low relative strength, it was outperformed by 89.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GEC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GEC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.84 | NEUTRAL | The RSI value for GEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.95 | NEUTRAL | The Stochastics value for GEC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for GEC suggests high volalility. |
GEC Chart- and CandleStick Pattern Analysis
GEC Technicals: Chart, Performance Metrics, Trend & Indicators
2.62
-0.1 (-3.68%)
Great Elm Capital Group Inc / GEC TA FAQ
What is the technical rating for GEC stock?
ChartMill assigns a technical rating of 5 / 10 to GEC.
Can you provide the trend direction for Great Elm Capital Group Inc?
The current trend direction for Great Elm Capital Group Inc (GEC) is Bearish.
Can you provide the RSI signal for Great Elm Capital Group Inc?
Great Elm Capital Group Inc (GEC) has an RSI value of 54.8381. This indicates that the stock is currently neutral.
What is the support and resistance level for GEC stock?
Great Elm Capital Group Inc (GEC) has a support level at 2.48 and a resistance level at 2.76. Check the full technical report for our detailed analysis of GEC support and resistance levels.