GUARDFORCE AI CO LTD (GFAI) Stock Technical Analysis
NASDAQ:GFAI • KYG4236L1389
Taking everything into account, GFAI scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GFAI was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, GFAI is a bad performer in the overall market: 92% of all stocks are doing better.
- GFAI is one of the lesser performing stocks in the Commercial Services & Supplies industry. 73% of 80 stocks in the same industry do better.
- GFAI 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- GFAI has an average volume of 2649020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GFAI has a been trading in the 0.38 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GFAI 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
0.61
When analyzing the resistance we notice 2 important areas.
- Resistance @0.66 from a trend line in the daily time frame.
- A resistance zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines 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 GFAI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFAI is up. |
| ChartMill Relative Strength | 8.37 | NEGATIVE | GFAI has a low relative strength, it was outperformed by 91.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GFAI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GFAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.51 | NEUTRAL | The RSI value for GFAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GFAI has a positive trend. |
| Stochastics (14,3) | 52.66 | NEUTRAL | The Stochastics value for GFAI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.81 | HIGH VOLATILITY | The high ATR as a percentage value for GFAI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.67 | POSITIVE | The high ADX value value for GFAI suggests a strong trend. |
0.6201
+0.04 (+6.02%)
GUARDFORCE AI CO LTD / GFAI FAQ
What is the ChartMill technical rating of GUARDFORCE AI CO LTD (GFAI) stock?
ChartMill assigns a technical rating of 3 / 10 to GFAI.
What is the current trend direction of GUARDFORCE AI CO LTD (GFAI) stock?
The current trend direction for GUARDFORCE AI CO LTD (GFAI) is Bearish.
Can you provide the RSI signal for GUARDFORCE AI CO LTD?
GUARDFORCE AI CO LTD (GFAI) has an RSI value of 57.5148. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for GUARDFORCE AI CO LTD?
GUARDFORCE AI CO LTD (GFAI) has a resistance level at 0.66. Check the full technical report for our detailed analysis of GFAI support and resistance levels.