GEVO INC (GEVO) Stock Technical Analysis
NASDAQ:GEVO - Nasdaq - US3743964062 - Common Stock - Currency: USD
Taking everything into account, GEVO scores 3 out of 10 in our technical rating. Although GEVO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
GEVO 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 GEVO has a been trading in the 1.12 - 1.60 range, which is quite wide. It is currently trading near the lows of this range.
GEVO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 94% of 208 stocks in the same industry.
GEVO has an average volume of 4012810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that GEVO is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
The technical rating of GEVO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.01
1.55
When analyzing the support we notice one important area.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.42 from a trend line in the weekly time frame.
- Resistance @1.53 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 | 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 | 93.4 | POSITIVE | GEVO has a high relative strength, it outperformed 93.4% off all stocks 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) | UP | MIXED | The current price of GEVO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GEVO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.17 | NEUTRAL | The RSI value for GEVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GEVO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.19 | OVERSOLD | The low Stochastics value suggests GEVO may be oversold. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for GEVO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.79 | POSITIVE | The high ADX value value for GEVO 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)
1.18
+0.03 (+2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.61%
1 Week-3.28%
2 Weeks-19.73%
1 Month-20.81%
3 Month1.72%
6 Month-36.9%
12 Month118.48%
2 Year-9.92%
3 Year-62.3%
5 Year-5.6%
10 Year-99.88%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.91%
ATR Inc-26.32%
Range Today0.05
ADR(20)0.08
ADR(20)%6.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.4
Mansfield-2.81
10 Day High1.5
10 Day Low1.12
20 Day High1.6
20 Day Low1.12
52 Week High3.39
52 Week Low0.54
CS1 End1.03
CR1 Start1.42
Volume & EV
DER(3)2.28%
DER(5)2.39%
Volume2.36M
Volume Incr-13.2%
Vol(5)2.50M
Vol(50)4.01M