Logo image of GGE

GREEN GIANT INC (GGE) Stock Technical Analysis

NASDAQ:GGE - Nasdaq - US16948W2098 - Common Stock - Currency: USD

0.0362  +0.01 (+23.97%)

After market: 0.0258 -0.01 (-28.73%)

Technical Rating and Analysis

2

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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
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 one of the lesser performing stocks in the Real Estate Management & Development industry. 82% of 65 stocks in the same industry do better.
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.
Weekly and Daily overview Charts
GREEN GIANT INC / GGE Weekly stock chart
GREEN GIANT INC / GGE Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.03

0.04

We found 1 important support 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.

We found 1 important resistance area.

  • Resistance @0.04 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for GGE is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for GGE is neutral.
ChartMill Relative Strength4.86NEGATIVEGGE has a low relative strength, it was outperformed by 95.14% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of GGE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of GGE is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of GGE is below a declining SMA(200).
Relative Strength Index/RSI (14)57.29NEUTRALThe RSI value for GGE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests GGE has a positive trend.
Stochastics (14,3)45.16NEUTRALThe Stochastics value for GGE is a neutral value.
Average True Range in percent/ATR (20)6.67HIGH VOLATILITYThe high ATR as a percentage value for GGE suggests high volalility.
Average Directional Index/ADX (14)11.24NEGATIVEThe low ADX value for GGE suggests a weak or negative trend.
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)
GREEN GIANT INC / GGE Daily stock chart

GREEN GIANT INC

NASDAQ:GGE (4/18/2024, 8:00:02 PM)

After market: 0.0258 -0.01 (-28.73%)

0.0362

+0.01 (+23.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg23.97%
1 Week15.29%
2 Weeks16.77%
1 Month13.48%
3 Month-1.63%
6 Month-96.38%
12 Month-98.67%
2 Year-98.3%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%6.67%
ATR Inc155.59%
Range Today0.01
ADR(20)0
ADR(20)%6.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.86
Mansfield-9.69
10 Day High0.04
10 Day Low0.03
20 Day High0.04
20 Day Low0.03
52 Week High2.75
52 Week Low0.03
CS1 End0.03
CR1 Start0.04
Volume & EV
DER(3)1.22%
DER(5)0.06%
Volume96.91M
Volume Incr338.01%
Vol(5)26.88M
Vol(50)22.19M