GREAT ELM GROUP INC (GEG) Technical Analysis
NASDAQ:GEG • US39037G1094
Current stock price
GEG Technical Rating and Analysis
Overall GEG gets a technical rating of 0 out of 10. GEG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GEG is a bad performer in the overall market: 81% of all stocks are doing better.
- GEG 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 GEG is lagging the market.
- In the last month GEG has a been trading in the 1.81 - 2.15 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.
- GEG is an average performer in the Capital Markets industry, it outperforms 41% of 242 stocks in the same industry.
GEG Weekly and Daily overview Charts
GEG Setup Rating and Analysis
The technical rating of GEG 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
GEG Support and Resistance Analysis
1.79
We can see 2 important resistance areas.
- A resistance zone ranging from 2.01 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.40 to 2.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
GEG 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 GEG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEG is down. |
| ChartMill Relative Strength | 19.17 | NEGATIVE | GEG has a low relative strength, it was outperformed by 80.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GEG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.25 | OVERSOLD | The low RSI value suggests GEG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GEG has a negative trend. |
| Stochastics (14,3) | 14.07 | OVERSOLD | The low Stochastics value suggests GEG may be oversold. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for GEG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.34 | NEUTRAL | The ADX value for GEG suggests a possible start of a new trend. |
GEG Chart- and CandleStick Pattern Analysis
GEG Technicals: Chart, Performance Metrics, Trend & Indicators
1.81
-0.13 (-6.7%)
GREAT ELM GROUP INC / GEG TA FAQ
Can you provide the ChartMill technical rating for GREAT ELM GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to GEG.
Can you provide the trend direction for GREAT ELM GROUP INC?
The current trend direction for GREAT ELM GROUP INC (GEG) is Bearish.
Can you provide the RSI signal for GREAT ELM GROUP INC?
GREAT ELM GROUP INC (GEG) has an RSI value of 24.2519. This indicates that the stock is currently oversold.
What is the MACD signal for GEG stock?
The MACD indicator for GREAT ELM GROUP INC (GEG) has a value of -0.0133232, indicating a bearish trend.
Can you provide the buy/sell signal for GREAT ELM GROUP INC?
The buy/sell signal for GREAT ELM GROUP INC (GEG) is sell as both the short term and long term trends are negative.