GETNET ADQUIRENCIA E SERVISO (GET) Stock Technical Analysis
NASDAQ:GET - Nasdaq - US37428A1034 - ADR - Currency: USD
Overall GET gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GET has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: GET has an average volume of 5214 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GET is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, GET also shows a nice and consistent pattern of rising prices.
GET is one of the better performing stocks in the IT Services industry, it outperforms 88% of 81 stocks in the same industry.
In the last month GET has a been trading in the 1.75 - 1.90 range, which is quite wide. It is currently trading near the high of this range.
GET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GET is lagging the market.
Besides having an excellent technical rating, GET also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.81, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.54
1.91
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.70 from a trend line in the weekly time frame.
- Support @1.62 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.89 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for GET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GET is up. |
| ChartMill Relative Strength | 95.17 | POSITIVE | GET has a high relative strength, it outperformed 95.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.79 | NEUTRAL | The RSI value for GET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GET has a positive trend. |
| Stochastics (14,3) | 73.58 | NEUTRAL | The Stochastics value for GET is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for GET suggests some volalility. |
| Average Directional Index/ADX (14) | 38.7 | POSITIVE | The high ADX value value for GET suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.90 | 1.78 | 0.12 (6.32%) | 15.83% |
| An entry @1.90. This is a Buy Stop order right above the resistance zone. | An exit @1.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 6.32%. | When investing 15.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:GET (3/6/2023, 8:15:16 PM)
1.88
+0.01 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.34%
1 Week1.9%
2 Weeks3.01%
1 Month6.82%
3 Month7.43%
6 Month3.87%
12 Month43.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.76%
ATR Inc-7.19%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.17
Mansfield0.81
10 Day High1.9
10 Day Low1.75
20 Day High1.9
20 Day Low1.75
52 Week High2.32
52 Week Low1.25
CS1 End1.81
CR1 Start1.89
Volume & EV
DER(3)-19.77%
DER(5)-16.68%
Volume9.50K
Volume Incr-17.89%
Vol(5)4.36K
Vol(50)5.21K