GAMCO GLBL GOLD NTRL RES INC (GGN) Technical Analysis
NYSEARCA:GGN • US36465A1097
Current stock price
5.4 USD
-0.01 (-0.18%)
At close:
5.39 USD
-0.01 (-0.19%)
After Hours:
GGN Technical Rating and Analysis
Taking everything into account, GGN scores 5 out of 10 in our technical rating. GGN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- GGN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GGN is lagging the market slightly.
- In the last month GGN has a been trading in the 5.10 - 5.56 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When compared to the yearly performance of all other stocks, GGN outperforms 62% of them, which is more or less in line with the market.
GGN Weekly and Daily overview Charts
GGN Setup Rating and Analysis
Although the technical rating is only medium, GGN does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
GGN Support and Resistance Analysis
4.72
5.92
We found 2 important support areas.
- A support zone ranging from 4.91 to 4.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.77 to 4.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.43 to 5.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.69 to 5.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
GGN 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 GGN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGN is neutral. |
| ChartMill Relative Strength | 62.57 | NEUTRAL | GGN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GGN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.72 | NEUTRAL | The RSI value for GGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GGN has a negative trend. |
| Stochastics (14,3) | 35.1 | NEUTRAL | The Stochastics value for GGN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for GGN suggests low volalility. |
| Average Directional Index/ADX (14) | 15.98 | NEGATIVE | The low ADX value for GGN suggests a weak or negative trend. |
GGN 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)
GGN Technicals: Chart, Performance Metrics, Trend & Indicators
5.4
-0.01 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.18%
1 Week-1.64%
2 Weeks-2%
1 Month5.26%
3 Month-2.35%
6 Month10.43%
12 Month27.36%
2 Year35.34%
3 Year44.39%
5 Year46.74%
10 Year-23.84%
15 Year-71.96%
Volatility
ATR(14)0.08
ATR(20)%1.8%
ATR Inc58.19%
Range Today0.12
ADR(20)0.09
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.57
3 months CRS37.4
6 months CRS74.69
Mansfield0.02
10 Day High5.56
10 Day Low5.37
20 Day High5.56
20 Day Low5.1
52 Week High5.88
52 Week Low4.15
CS1 End4.92
CR1 Start5.43
Volume & EV
DER(3)2.93%
DER(5)-1.38%
Volume446.60K
Volume Incr-13.41%
Vol(5)451.90K
Vol(50)551.19K
GAMCO GLBL GOLD NTRL RES INC / GGN TA FAQ
What is the technical rating for GGN stock?
ChartMill assigns a technical rating of 5 / 10 to GGN.
What is the trend direction for GGN stock?
The current trend direction for GAMCO GLBL GOLD NTRL RES INC (GGN) is Bullish.
What is the RSI signal for GAMCO GLBL GOLD NTRL RES INC (GGN) stock?
GAMCO GLBL GOLD NTRL RES INC (GGN) has an RSI value of 48.7179. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GAMCO GLBL GOLD NTRL RES INC?
The short term momentum for GAMCO GLBL GOLD NTRL RES INC (GGN) is neutral.