GEVO INC (GEVO) Stock Technical Analysis
NASDAQ:GEVO • US3743964062
Taking everything into account, GEVO scores 0 out of 10 in our technical rating. GEVO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 61% of all other stocks performed better in the past year than GEVO.
- GEVO is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 63% are performing better than GEVO.
- In the last month GEVO has a been trading in the 1.72 - 2.24 range, which is quite wide. It is currently trading near the lows of this range.
- GEVO has an average volume of 2762350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- GEVO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GEVO is lagging the market.
GEVO has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
1.40
When analyzing the support we can see 3 important areas.
- Support @1.75 from a trend line in the daily time frame.
- Support @1.51 from a trend line in the weekly time frame.
- Support @1.41 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.91 to 1.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.11 from a trend line in the daily time frame.
- Resistance @2.15 from a trend line in the weekly time frame.
- Resistance @2.25 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 GEVO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEVO is down. |
| ChartMill Relative Strength | 39.61 | NEUTRAL | GEVO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEVO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEVO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.01 | NEUTRAL | The RSI value for GEVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GEVO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.06 | NEUTRAL | The Stochastics value for GEVO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for GEVO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.19 | NEGATIVE | The low ADX value for GEVO suggests a weak or negative trend. |
1.86
+0.1 (+5.68%)
GEVO INC / GEVO FAQ
What is the ChartMill technical rating of GEVO INC (GEVO) stock?
ChartMill assigns a technical rating of 0 / 10 to GEVO.
Can you provide the trend direction for GEVO INC?
The current trend direction for GEVO INC (GEVO) is Bearish.
What is the RSI signal for GEVO stock?
GEVO INC (GEVO) has an RSI value of 45.0104. This indicates that the stock is currently neutral.
What is the MACD signal for GEVO INC (GEVO) stock?
The MACD indicator for GEVO INC (GEVO) has a value of -0.00740476, indicating a bearish trend.
What is the support and resistance level for GEVO stock?
GEVO INC (GEVO) has a support level at 1.75 and a resistance level at 1.91. Check the full technical report for our detailed analysis of GEVO support and resistance levels.