GRAVITAS EDUCATION HOLDINGS (GEHI) Stock Technical Analysis
NYSE:GEHI - New York Stock Exchange, Inc. - US74979W2008 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to GEHI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GEHI is showing a nice and steady performance.
Warning: GEHI has an average volume of 6044 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
GEHI is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry. GEHI outperforms 85% of them.
A new 52 week high is currently being made by GEHI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GEHI has a been trading in the 9.55 - 14.20 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, GEHI did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GEHI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.23
13.37
2 important support areas can be observed.
- A support zone ranging from 10.70 to 10.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.29 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 | UP | POSITIVE | The long term trend for GEHI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEHI is up. |
| ChartMill Relative Strength | 94.41 | POSITIVE | GEHI has a high relative strength, it outperformed 94.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEHI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.65 | OVERBOUGHT | The high RSI value suggests GEHI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests GEHI has a positive trend. |
| Stochastics (14,3) | 75.9 | NEUTRAL | The Stochastics value for GEHI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for GEHI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for GEHI 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)
NYSE:GEHI (12/12/2023, 8:04:01 PM)
13.2331
+0.72 (+5.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg5.78%
1 Week27.94%
2 Weeks21.96%
1 Month22.76%
3 Month89.04%
6 Month103.43%
12 Month21.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%5.83%
ATR Inc229.51%
Range Today1.69
ADR(20)0.72
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.41
Mansfield5.1
10 Day High14.2
10 Day Low9.73
20 Day High14.2
20 Day Low9.55
52 Week High14.2
52 Week Low5.67
CS1 End10.82
CR1 StartN/A
Volume & EV
DER(3)1.2%
DER(5)0.7%
Volume36.60K
Volume Incr327.63%
Vol(5)20.12K
Vol(50)6.04K