GEOSPACE TECHNOLOGIES CORP (GEOS) Technical Analysis
NASDAQ:GEOS • US37364X1090
Current stock price
GEOS Technical Rating and Analysis
Overall GEOS gets a technical rating of 2 out of 10. GEOS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- GEOS is one of the lesser performing stocks in the Energy Equipment & Services industry. 86% of 62 stocks in the same industry do better.
- GEOS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- When comparing the performance of all stocks over the past year, GEOS turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- In the last month GEOS has a been trading in the 8.33 - 13.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 and the volatility has been reduced. There is a support zone below the current price at 9.14, a Stop Loss order could be placed below this zone.
More info and screens
GEOS Support and Resistance Analysis
8.79
When analyzing the support we notice one important area.
- A support zone ranging from 8.88 to 9.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.15 to 10.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.45 to 10.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.03 from a trend line in the daily 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 | DOWN | NEGATIVE | The short term trend for GEOS is down. |
| ChartMill Relative Strength | 50.27 | NEUTRAL | GEOS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEOS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GEOS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GEOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.89 | NEUTRAL | The RSI value for GEOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests GEOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.17 | NEUTRAL | The Stochastics value for GEOS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.59 | HIGH VOLATILITY | The high ATR as a percentage value for GEOS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.31 | 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
9.82
-0.62 (-5.94%)
GEOSPACE TECHNOLOGIES CORP / GEOS TA FAQ
What is the ChartMill technical rating of GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
ChartMill assigns a technical rating of 2 / 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 44.8883. 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 negative.
What is the buy/sell signal for GEOS stock?
The buy/sell signal for GEOSPACE TECHNOLOGIES CORP (GEOS) is sell as both the short term and long term trends are negative.