Taking everything into account, GEOS scores 3 out of 10 in our technical rating. 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.
- In the last month GEOS has a been trading in the 15.21 - 24.01 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, GEOS did better than 90% of all other stocks.
- GEOS is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry. GEOS outperforms 75% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- GEOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GEOS is lagging the market.
The technical rating of GEOS 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
11.30
We found 4 important support areas.
- Support @15.88 from a trend line in the weekly time frame.
- A support zone ranging from 15.46 to 15.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.14 from a trend line in the daily time frame.
- Support @11.41 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @22.29 from a trend line in the daily time frame.
- Resistance @22.74 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for GEOS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEOS is down. |
| ChartMill Relative Strength | 90.3 | POSITIVE | GEOS has a high relative strength, it outperformed 90.3% off all stocks 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) | DOWN | MIXED | The current price of GEOS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.64 | NEUTRAL | The RSI value for GEOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests GEOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.8 | OVERSOLD | The low Stochastics value suggests GEOS may be oversold. |
| Average True Range in percent/ATR (20) | 10.09 | HIGH VOLATILITY | The high ATR as a percentage value for GEOS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.06 | POSITIVE | The high ADX value value for GEOS suggests a strong trend. |
18.04
+1.62 (+9.87%)
GEOSPACE TECHNOLOGIES CORP / GEOS 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 GEOS stock?
GEOSPACE TECHNOLOGIES CORP (GEOS) has an RSI value of 47.6399. This indicates that the stock is currently neutral.
What are the support and resistance levels for GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
GEOSPACE TECHNOLOGIES CORP (GEOS) has a support level at 15.88 and a resistance level at 22.29. Check the full technical report for our detailed analysis of GEOS support and resistance levels.