GEOSPACE TECHNOLOGIES CORP (GEOS) Technical Analysis
NASDAQ:GEOS • US37364X1090
Overall GEOS gets a technical rating of 0 out of 10. GEOS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GEOS is a bad performer in the overall market: 64% of all stocks are doing better.
- GEOS is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, of which 86% are performing better than GEOS.
- 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.
- In the last month GEOS has a been trading in the 8.60 - 17.68 range, which is quite wide. It is currently trading near the lows of this range.
GEOS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 9.25, 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 9.25. 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 found 1 important resistance area.
- Resistance @10.12 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 | 36.3 | NEUTRAL | GEOS is not amongst the best or worst performers 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 | MIXED | The current price of GEOS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.62 | NEUTRAL | The RSI value for GEOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests GEOS has a positive trend. |
| Stochastics (14,3) | 69.06 | NEUTRAL | The Stochastics value for GEOS is a neutral value. |
| Average True Range in percent/ATR (20) | 12.17 | HIGH VOLATILITY | The high ATR as a percentage value for GEOS suggests high volalility. |
| Average Directional Index/ADX (14) | 36.08 | POSITIVE | The high ADX value value for GEOS suggests a strong trend. |
GEOS Technicals: Chart, Performance Metrics, Trend & Indicators
9.94
+0.11 (+1.12%)
GEOSPACE TECHNOLOGIES CORP / GEOS FAQ
What is the ChartMill technical rating of GEOSPACE TECHNOLOGIES CORP (GEOS) stock?
ChartMill assigns a technical rating of 0 / 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 38.6201. 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 9.25 and a resistance level at 10.12. Check the full technical report for our detailed analysis of GEOS support and resistance levels.