G3 VRM Acquisition Corporatin (GGGV) Technical Analysis
NASDAQ:GGGV • US3624251001
Current stock price
GGGV Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to GGGV. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GGGV is a bad performer.
- 100% of all other stocks performed better in the past year than GGGV.
- Warning: GGGV has an average volume of 10440 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- GGGV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GGGV is lagging the market slightly.
- In the last month GGGV has a been trading in a tight range between 10.09 and 10.15.
- Considerably lower volume is observed in the last couple of days.
GGGV Weekly and Daily overview Charts
GGGV Setup Rating and Analysis
GGGV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
GGGV Support and Resistance Analysis
9.77
When analyzing the support we notice one important area.
- A support zone ranging from 9.87 to 10.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.14 to 10.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GGGV 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 | UP | POSITIVE | The long term trend for GGGV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GGGV is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GGGV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGGV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGGV is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.46 | NEUTRAL | The RSI value for GGGV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GGGV has a negative trend. |
| Stochastics (14,3) | 51.26 | NEUTRAL | The Stochastics value for GGGV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for GGGV suggests low volalility. |
GGGV Chart- and CandleStick Pattern Analysis
GGGV Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.15 | 10.12 | 0.03 (0.31%) | 25.00% |
| An entry @10.15. This is a Buy Stop order right above the 10 day moving average. | An exit @10.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 0.31%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GGGV Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:GGGV (7/6/2022, 8:00:02 PM)
10.13
0 (0%)
G3 VRM Acquisition Corporatin / GGGV TA FAQ
Can you provide the ChartMill technical rating for G3 VRM Acquisition Corporatin?
ChartMill assigns a technical rating of 6 / 10 to GGGV.
Can you provide the trend direction for G3 VRM Acquisition Corporatin?
The current trend direction for G3 VRM Acquisition Corporatin (GGGV) is Bullish.
Can you provide the RSI signal for G3 VRM Acquisition Corporatin?
G3 VRM Acquisition Corporatin (GGGV) has an RSI value of 51.4606. This indicates that the stock is currently neutral.
What is the MACD signal for GGGV stock?
The MACD indicator for G3 VRM Acquisition Corporatin (GGGV) has a value of -0.00262048, indicating a bearish trend.
Can you provide the short term momentum for G3 VRM Acquisition Corporatin?
The short term momentum for G3 VRM Acquisition Corporatin (GGGV) is positive.