GREEN GIANT INC (GGE) Technical Analysis
NASDAQ:GGE • US16948W2098
Current stock price
GGE Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to GGE. In the past year, GGE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, GGE is a bad performer in the overall market: 96% of all stocks are doing better.
- GGE is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry, of which 83% are performing better than GGE.
- GGE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GGE is lagging the market.
- In the last month GGE has a been trading in the 0.03 - 0.04 range, which is quite wide. It is currently trading near the high of this range.
- GGE has an average volume of 22188700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GGE Weekly and Daily overview Charts
GGE Setup Rating and Analysis
The technical rating of GGE 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
GGE Support and Resistance Analysis
0.03
When analyzing the support we notice one important area.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.04 from a trend line in the daily time frame.
GGE 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 | DOWN | NEGATIVE | The long term trend for GGE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGE is neutral. |
| ChartMill Relative Strength | 4.86 | NEGATIVE | GGE has a low relative strength, it was outperformed by 95.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GGE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.29 | NEUTRAL | The RSI value for GGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GGE has a positive trend. |
| Stochastics (14,3) | 45.16 | NEUTRAL | The Stochastics value for GGE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for GGE suggests high volalility. |
| Average Directional Index/ADX (14) | 11.24 | NEGATIVE | The low ADX value for GGE suggests a weak or negative trend. |
GGE Chart- and CandleStick Pattern Analysis
GGE Technicals: Chart, Performance Metrics, Trend & Indicators
0.0362
+0.01 (+23.97%)
GREEN GIANT INC / GGE TA FAQ
What is the technical rating for GGE stock?
ChartMill assigns a technical rating of 2 / 10 to GGE.
Can you provide the trend direction for GREEN GIANT INC?
The current trend direction for GREEN GIANT INC (GGE) is Bearish.
What is the RSI signal for GREEN GIANT INC (GGE) stock?
GREEN GIANT INC (GGE) has an RSI value of 57.2903. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GREEN GIANT INC?
The MACD indicator for GREEN GIANT INC (GGE) has a value of 0.000830292, indicating a bearish trend.