NASDAQ:GGE - Nasdaq - US16948W2098 - Common Stock - Currency: USD
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 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.
0.03
We found 1 important support area.
We found 1 important resistance area.
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. |
0.0362
+0.01 (+23.97%)