GEVO INC (GEVO) Technical Analysis
NASDAQ:GEVO • US3743964062
Current stock price
2.03 USD
+0.12 (+6.28%)
At close:
2.0296 USD
0 (-0.02%)
After Hours:
GEVO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to GEVO. 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- GEVO has an average volume of 4415470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that GEVO is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- GEVO is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, GEVO did better than 68% of them.
- 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 1.60 - 2.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GEVO Weekly and Daily overview Charts
GEVO Setup Rating and Analysis
GEVO has an average technical rating and it also does not offer a high 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
GEVO Support and Resistance Analysis
1.62
2.50
4 important support areas can be observed.
- A support zone ranging from 1.85 to 1.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.78 from a horizontal line in the daily time frame.
- A support zone ranging from 1.72 to 1.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.64 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.03 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.48 from a trend line in the weekly time frame.
GEVO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for GEVO is neutral. |
| ChartMill Relative Strength | 89.23 | POSITIVE | GEVO has a high relative strength, it outperformed 89.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GEVO is above 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) | UP | POSITIVE | The current price of GEVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.04 | NEUTRAL | The RSI value for GEVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GEVO has a positive trend. |
| Stochastics (14,3) | 73.76 | NEUTRAL | The Stochastics value for GEVO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for GEVO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.29 | NEGATIVE | The low ADX value for GEVO suggests a weak or negative trend. |
GEVO Chart- and CandleStick Pattern Analysis
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)
GEVO Technicals: Chart, Performance Metrics, Trend & Indicators
2.03
+0.12 (+6.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg6.28%
1 Week12.78%
2 Weeks19.41%
1 Month-11.55%
3 Month3.57%
6 Month-13.25%
12 Month91.51%
2 Year196.91%
3 Year57.36%
5 Year-73.15%
10 Year-98.55%
15 Year-100%
Volatility
ATR(14)0.12
ATR(20)%6.28%
ATR Inc-9.09%
Range Today0.12
ADR(20)0.12
ADR(20)%5.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.23
3 months CRS66.47
6 months CRS23.76
Mansfield0.04
10 Day High2.03
10 Day Low1.64
20 Day High2.33
20 Day Low1.6
52 Week High2.97
52 Week Low1
CS1 End1.85
CR1 Start2.03
Volume & EV
DER(3)7.49%
DER(5)3.93%
Volume2.68M
Volume Incr-49.89%
Vol(5)2.68M
Vol(50)4.42M
GEVO INC / GEVO TA FAQ
What is the ChartMill technical rating of GEVO INC (GEVO) stock?
ChartMill assigns a technical rating of 4 / 10 to GEVO.
What is the current trend direction of GEVO INC (GEVO) stock?
The current trend direction for GEVO INC (GEVO) is Bearish.
What is the RSI signal for GEVO INC (GEVO) stock?
GEVO INC (GEVO) has an RSI value of 53.038. This indicates that the stock is currently neutral.
What is the support and resistance level for GEVO stock?
GEVO INC (GEVO) has a support level at 1.85 and a resistance level at 2.03. Check the full technical report for our detailed analysis of GEVO support and resistance levels.