GEOSPACE TECHNOLOGIES CORP (GEOS) Technical Analysis
NASDAQ:GEOS • US37364X1090
We assign a technical rating of 2 out of 10 to GEOS. 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. 84% of 60 stocks in the same industry do better.
- 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.
- When compared to the yearly performance of all other stocks, GEOS outperforms 48% of them, which is more or less in line with the market.
- In the last month GEOS has a been trading in the 8.60 - 11.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 9.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GEOS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.90
We found 2 important support areas.
- A support zone ranging from 9.16 to 9.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.99 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.14 to 10.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.88 from a trend line 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 | 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 | 48.34 | NEUTRAL | GEOS is not amongst the best or worst performers 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 | NEGATIVE | The current price of GEOS is below 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) | 40.1 | NEUTRAL | The RSI value for GEOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests GEOS has a positive trend. |
| Stochastics (14,3) | 78.38 | NEUTRAL | The Stochastics value for GEOS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.29 | HIGH VOLATILITY | The high ATR as a percentage value for GEOS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.91 | POSITIVE | The high ADX value value for GEOS suggests a strong trend. |
GEOS Technicals: Chart, Performance Metrics, Trend & Indicators
10.13
+0.08 (+0.8%)
GEOSPACE TECHNOLOGIES CORP / GEOS 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 GEOS stock?
GEOSPACE TECHNOLOGIES CORP (GEOS) has an RSI value of 40.0997. This indicates that the stock is currently neutral.
What is the buy/sell signal for GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
The buy/sell signal for GEOSPACE TECHNOLOGIES CORP (GEOS) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for GEOSPACE TECHNOLOGIES CORP?
GEOSPACE TECHNOLOGIES CORP (GEOS) has a support level at 9.28 and a resistance level at 10.14. Check the full technical report for our detailed analysis of GEOS support and resistance levels.