We assign a technical rating of 1 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.
GEOS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
11.12
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.16 to 14.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.92 from a trend line in the weekly time frame.
- Support @11.87 from a trend line in the daily time frame.
- Support @11.23 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @16.01 from a horizontal 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 | 79.47 | POSITIVE | GEOS has a high relative strength, it outperformed 79.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GEOS is above a declining 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 | POSITIVE | The current price of GEOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.47 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 64.71 | NEUTRAL | The Stochastics value for GEOS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.41 | HIGH VOLATILITY | The high ATR as a percentage value for GEOS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.39 | NEGATIVE | The low ADX value for GEOS suggests a weak or negative trend. |
15.22
-0.19 (-1.23%)
GEOSPACE TECHNOLOGIES CORP / GEOS FAQ
What is the ChartMill technical rating of GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
ChartMill assigns a technical rating of 1 / 10 to GEOS.
What is the current trend direction of GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
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 43.469. This indicates that the stock is currently neutral.
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.
What are the support and resistance levels for GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
GEOSPACE TECHNOLOGIES CORP (GEOS) has a support level at 14.37 and a resistance level at 16.01. Check the full technical report for our detailed analysis of GEOS support and resistance levels.