Taking everything into account, GECC scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, GECC is a bad performer in the overall market: 89% of all stocks are doing better.
- GECC is one of the lesser performing stocks in the Capital Markets industry. 78% of 238 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month GECC has a been trading in the 6.45 - 7.33 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
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
6.44
We can see 4 important resistance areas.
- A resistance zone ranging from 6.99 to 7.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.90 from a horizontal line in the daily time frame.
- Resistance @10.85 from a horizontal line in the daily time frame.
- Resistance @11.30 from a horizontal line in the weekly time frame.
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 | 11.49 | NEGATIVE | GECC has a low relative strength, it was outperformed by 88.51% 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) | 34.44 | NEUTRAL | The RSI value for GECC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GECC has a negative trend. |
| Stochastics (14,3) | 10.92 | OVERSOLD | The low Stochastics value suggests GECC may be oversold. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for GECC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.69 | POSITIVE | The high ADX value value for GECC suggests a strong trend. |
6.5
-0.06 (-0.91%)
GREAT ELM CAPITAL CORP / GECC 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 34.4444. 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 6.99. Check the full technical report for our detailed analysis of GECC support and resistance levels.