GREAT ELM GROUP INC (GEG) Stock Technical Analysis
USA - NASDAQ:GEG - US39037G1094 - Common Stock
2.48 USD
-0.18 (-6.77%)
2.48 USD
0 (0%)
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.
In the last month GEG has a been trading in the 2.31 - 3.51 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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, GEG did better than 84% of all other 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 237 other stocks in this industry. GEG outperforms 84% of them.
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.
Considerably lower volume is observed in the last couple of days.
Although GEG has an excellent technical rating, it does not present a decent entry opportunity 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
2.84
3 important support areas can be observed.
- A support zone ranging from 2.44 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.09 to 2.11. 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.
We found 1 important resistance area.
- A resistance zone ranging from 2.75 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for GEG is neutral. |
| ChartMill Relative Strength | 84.43 | POSITIVE | GEG has a high relative strength, it outperformed 84.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GEG is below 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) | 42.49 | NEUTRAL | The RSI value for GEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GEG has a negative trend. |
| Stochastics (14,3) | 5.75 | OVERSOLD | The low Stochastics value suggests GEG may be oversold. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for GEG suggests high volalility. |
| Average Directional Index/ADX (14) | 32.85 | 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)
2.48
-0.18 (-6.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-6.77%
1 Week-14.48%
2 Weeks-14.78%
1 Month2.9%
3 Month19.81%
6 Month31.22%
12 Month30.53%
2 Year15.89%
3 Year24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%9.74%
ATR Inc-33.84%
Range Today0.18
ADR(20)0.22
ADR(20)%8.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.43
Mansfield1.07
10 Day High3.03
10 Day Low2.48
20 Day High3.51
20 Day Low2.31
52 Week High3.51
52 Week Low1.7
CS1 End2.47
CR1 Start2.75
Volume & EV
DER(3)-0.59%
DER(5)-9.25%
Volume71.60K
Volume Incr-97.12%
Vol(5)27.28K
Vol(50)385.32K