GREAT ELM GROUP INC (GEG) Stock Technical Analysis
NASDAQ:GEG - US39037G1094 - Common Stock
2.75 USD
-0.25 (-8.33%)
2.63 USD
-0.12 (-4.36%)
We assign a technical rating of 10 out of 10 to GEG. Both in the recent history as in the last year, GEG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GEG is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, GEG also shows a nice and consistent pattern of rising prices.
GEG is part of the Capital Markets industry. There are 239 other stocks in this industry. GEG outperforms 88% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GEG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GEG is lagging the market.
In the last month GEG has a been trading in the 2.06 - 3.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GEG has an excellent technical rating, but the quality of the setup is only medium 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
2.00
2.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.39 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.20 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.06 to 2.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.02 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for GEG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEG is up. |
| ChartMill Relative Strength | 87.71 | POSITIVE | GEG has a high relative strength, it outperformed 87.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.16 | NEUTRAL | The RSI value for GEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GEG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.71 | NEUTRAL | The Stochastics value for GEG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for GEG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.97 | POSITIVE | The high ADX value value for GEG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.75
-0.25 (-8.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-8.33%
1 Week9.34%
2 Weeks13.64%
1 Month26.15%
3 Month26.15%
6 Month47.06%
12 Month47.06%
2 Year28.5%
3 Year37.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%7.77%
ATR Inc90.2%
Range Today0.31
ADR(20)0.19
ADR(20)%6.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.71
Mansfield2.79
10 Day High3.51
10 Day Low2.28
20 Day High3.51
20 Day Low2.06
52 Week High3.51
52 Week Low1.7
CS1 End2.41
CR1 StartN/A
Volume & EV
DER(3)-0.44%
DER(5)2.32%
Volume254.30K
Volume Incr31685.74%
Vol(5)3.43M
Vol(50)350.51K