GLIMPSE GROUP INC/THE (GGRP) Technical Analysis
NASDAQ:GGRP • US37892C1062
Current stock price
GGRP Technical Rating and Analysis
Taking everything into account, GGRP scores 3 out of 10 in our technical rating. GGRP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, GGRP is a bad performer in the overall market: 100% of all stocks are doing better.
- GGRP is part of the IT Services industry. There are 88 other stocks in this industry, of which 89% are performing better than GGRP.
- The long and short term trends are both positive. This is looking good!
- In the last month GGRP has a been trading in the 0.42 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GGRP Weekly and Daily overview Charts
GGRP Setup Rating and Analysis
GGRP has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
GGRP Support and Resistance Analysis
0.52
We found 1 important resistance area.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
GGRP 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 GGRP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GGRP is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GGRP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GGRP is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for GGRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GGRP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.36 | NEUTRAL | The Stochastics value for GGRP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.94 | HIGH VOLATILITY | The high ATR as a percentage value for GGRP suggests high volalility. |
| Average Directional Index/ADX (14) | 28.2 | POSITIVE | The high ADX value value for GGRP suggests a strong trend. |
GGRP Chart- and CandleStick Pattern Analysis
GGRP Technicals: Chart, Performance Metrics, Trend & Indicators
0.53
+0.01 (+1.73%)
GLIMPSE GROUP INC/THE / GGRP TA FAQ
Can you provide the ChartMill technical rating for GLIMPSE GROUP INC/THE?
ChartMill assigns a technical rating of 3 / 10 to GGRP.
What is the trend direction for GGRP stock?
The current trend direction for GLIMPSE GROUP INC/THE (GGRP) is Bullish.
What is the RSI signal for GLIMPSE GROUP INC/THE (GGRP) stock?
GLIMPSE GROUP INC/THE (GGRP) has an RSI value of 42.5438. This indicates that the stock is currently neutral.
What is the MACD signal for GLIMPSE GROUP INC/THE (GGRP) stock?
The MACD indicator for GLIMPSE GROUP INC/THE (GGRP) has a value of -0.0207488, indicating a bearish trend.
Can you provide the short term momentum for GLIMPSE GROUP INC/THE?
The short term momentum for GLIMPSE GROUP INC/THE (GGRP) is positive.