GEVO INC (GEVO) Stock Technical Analysis
NASDAQ:GEVO - US3743964062 - Common Stock
1.72 USD
-0.01 (-0.58%)
1.7 USD
-0.02 (-1.16%)
We assign a technical rating of 10 out of 10 to GEVO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GEVO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GEVO did better than 96% of all other stocks.
GEVO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 97% of 209 stocks in the same industry.
GEVO has an average volume of 6288140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month GEVO has a been trading in the 1.12 - 2.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
GEVO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.71, a Stop Loss order could be placed below this zone.
More info and screens
1.17
1.93
We found 3 important support areas.
- A support zone ranging from 1.71 to 1.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.23 from a trend line in the weekly time frame.
- Support @1.18 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.91 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 | UP | POSITIVE | The long term trend for GEVO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEVO is up. |
| ChartMill Relative Strength | 96.21 | POSITIVE | GEVO has a high relative strength, it outperformed 96.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEVO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEVO is above the rising 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) | 57.09 | NEUTRAL | The RSI value for GEVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GEVO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.27 | NEUTRAL | The Stochastics value for GEVO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.45 | HIGH VOLATILITY | The high ATR as a percentage value for GEVO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.68 | 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)
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 |
|---|---|---|---|
| 1.82 | 1.70 | 0.12 (6.59%) | 15.17% |
| An entry @1.82. This is a Buy Stop order right above the resistance zone. | An exit @1.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 6.59%. | For a 1.00% total portfolio risk, you can invest 15.17% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GEVO. Please evaluate whether better entry and exit points can be found.
- 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.
1.72
-0.01 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.58%
1 Week-3.37%
2 Weeks2.38%
1 Month39.84%
3 Month48.28%
6 Month32.31%
12 Month136.72%
2 Year44.54%
3 Year-24.56%
5 Year72.07%
10 Year-99.75%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%8.45%
ATR Inc-39.31%
Range Today0.13
ADR(20)0.12
ADR(20)%7.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.21
Mansfield0.03
10 Day High1.86
10 Day Low1.54
20 Day High2.15
20 Day Low1.12
52 Week High3.39
52 Week Low0.67
CS1 End1.71
CR1 Start1.79
Volume & EV
DER(3)0.77%
DER(5)-1.76%
Volume3.89M
Volume Incr-61.6%
Vol(5)3.54M
Vol(50)6.29M