GREAT ELM CAPITAL CORP (GECC) Stock Technical Analysis
NASDAQ:GECC - Nasdaq - US3903207039 - Common Stock - Currency: USD
Taking everything into account, GECC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GECC is only an average performer.
Although the technical rating is only medium, GECC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GECC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
9.10
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.40 to 10.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.17 to 10.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.19 to 9.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.68 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.31 to 11.35. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for GECC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GECC is up. |
| ChartMill Relative Strength | 51.82 | NEUTRAL | GECC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GECC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GECC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GECC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.29 | NEUTRAL | The RSI value for GECC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GECC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.42 | NEUTRAL | The Stochastics value for GECC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for GECC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.44 | NEGATIVE | The low ADX value for GECC suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.01 | 10.39 | 0.62 (5.63%) | 17.76% |
| An entry @11.01. This is a Buy Stop order right above the resistance zone. | An exit @10.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.62 points, which is 5.63%. | When investing 17.76% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:GECC (5/23/2025, 8:18:49 PM)
10.64
-0.02 (-0.19%)