GREAT ELM CAPITAL CORP (GECC) Technical Analysis
NASDAQ:GECC • US3903207039
Current stock price
GECC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GECC. GECC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than GECC.
- GECC is one of the lesser performing stocks in the Capital Markets industry. 79% of 239 stocks in the same industry do better.
- GECC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GECC is lagging the market.
- GECC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
GECC Weekly and Daily overview Charts
GECC Setup Rating and Analysis
The technical rating of GECC 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
GECC Support and Resistance Analysis
4.92
We can see 4 important resistance areas.
- A resistance zone ranging from 5.06 to 5.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.75 from a trend line in the daily time frame.
- A resistance zone ranging from 6.13 to 6.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.30 from a horizontal line in the weekly time frame.
GECC 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 GECC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GECC is down. |
| ChartMill Relative Strength | 7.92 | NEGATIVE | GECC has a low relative strength, it was outperformed by 92.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GECC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GECC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GECC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.6 | NEUTRAL | The RSI value for GECC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GECC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.59 | NEUTRAL | The Stochastics value for GECC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.77 | HIGH VOLATILITY | The high ATR as a percentage value for GECC suggests high volalility. |
| Average Directional Index/ADX (14) | 51.21 | POSITIVE | The high ADX value value for GECC suggests a strong trend. |
GECC Chart- and CandleStick Pattern Analysis
GECC Technicals: Chart, Performance Metrics, Trend & Indicators
4.97
-0.08 (-1.58%)
GREAT ELM CAPITAL CORP / GECC TA FAQ
Can you provide the ChartMill technical rating for GREAT ELM CAPITAL CORP?
ChartMill assigns a technical rating of 0 / 10 to GECC.
What is the trend direction for GECC stock?
The current trend direction for GREAT ELM CAPITAL CORP (GECC) is Bearish.
What is the RSI signal for GREAT ELM CAPITAL CORP (GECC) stock?
GREAT ELM CAPITAL CORP (GECC) has an RSI value of 31.5977. This indicates that the stock is currently neutral.
What is the short term momentum for GECC stock?
The short term momentum for GREAT ELM CAPITAL CORP (GECC) is negative.
What are the support and resistance levels for GREAT ELM CAPITAL CORP (GECC) stock?
GREAT ELM CAPITAL CORP (GECC) has a resistance level at 5.06. Check the full technical report for our detailed analysis of GECC support and resistance levels.