GEOSPACE TECHNOLOGIES CORP (GEOS) Technical Analysis
NASDAQ:GEOS • US37364X1090
Current stock price
GEOS Technical Rating and Analysis
Overall GEOS gets a technical rating of 3 out of 10. Although GEOS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- GEOS is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, of which 75% are performing better than GEOS.
- GEOS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GEOS is lagging the market.
- In the last month GEOS has a been trading in the 9.59 - 13.34 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, GEOS did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Considerably lower volume is observed in the last couple of days.
GEOS Weekly and Daily overview Charts
GEOS Setup Rating and Analysis
GEOS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.76, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
GEOS Support and Resistance Analysis
9.50
We found 3 important support areas.
- A support zone ranging from 11.70 to 11.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.84 to 10.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.60 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.88 to 12.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.80 from a trend line in the daily time frame.
- Resistance @20.74 from a trend line in the weekly time frame.
GEOS 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 GEOS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GEOS is neutral. |
| ChartMill Relative Strength | 83.6 | POSITIVE | GEOS has a high relative strength, it outperformed 83.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GEOS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GEOS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.44 | NEUTRAL | The RSI value for GEOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests GEOS has a positive trend. |
| Stochastics (14,3) | 59.11 | NEUTRAL | The Stochastics value for GEOS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.23 | HIGH VOLATILITY | The high ATR as a percentage value for GEOS suggests high volalility. |
| Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for GEOS suggests a weak or negative trend. |
GEOS Chart- and CandleStick Pattern Analysis
GEOS Technicals: Chart, Performance Metrics, Trend & Indicators
12.55
+0.65 (+5.46%)
GEOSPACE TECHNOLOGIES CORP / GEOS TA FAQ
What is the ChartMill technical rating of GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
ChartMill assigns a technical rating of 3 / 10 to GEOS.
Can you provide the trend direction for GEOSPACE TECHNOLOGIES CORP?
The current trend direction for GEOSPACE TECHNOLOGIES CORP (GEOS) is Bearish.
What is the RSI signal for GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
GEOSPACE TECHNOLOGIES CORP (GEOS) has an RSI value of 55.4413. This indicates that the stock is currently neutral.
What is the short term momentum for GEOS stock?
The short term momentum for GEOSPACE TECHNOLOGIES CORP (GEOS) is neutral.