GREENTREE HOSPITALITY GR-ADR (GHG) Stock Technical Analysis
USA - NYSE:GHG - US39579V1008 - ADR
Taking everything into account, GHG scores 0 out of 10 in our technical rating. GHG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GHG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.89, a Stop Loss order could be placed below this zone.
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1.87
When analyzing the support we notice one important area.
- A support zone ranging from 1.89 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @1.93 from a trend line in the daily time frame.
- A resistance zone ranging from 2.04 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.22 from a horizontal line in the daily time frame.
- Resistance @2.30 from a trend line in the weekly time frame.
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 GHG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GHG is down. |
| ChartMill Relative Strength | 14.84 | NEGATIVE | GHG has a low relative strength, it was outperformed by 85.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GHG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GHG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GHG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.54 | NEUTRAL | The RSI value for GHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GHG has a negative trend. |
| Stochastics (14,3) | 22.81 | NEUTRAL | The Stochastics value for GHG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for GHG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for GHG suggests a possible start of a new trend. |
1.93
+0.01 (+0.52%)
GREENTREE HOSPITALITY GR-ADR / GHG FAQ
What is the ChartMill technical rating of GREENTREE HOSPITALITY GR-ADR (GHG) stock?
ChartMill assigns a technical rating of 0 / 10 to GHG.
What is the current trend direction of GREENTREE HOSPITALITY GR-ADR (GHG) stock?
The current trend direction for GREENTREE HOSPITALITY GR-ADR (GHG) is Bearish.
What is the RSI signal for GHG stock?
GREENTREE HOSPITALITY GR-ADR (GHG) has an RSI value of 40.543. This indicates that the stock is currently neutral.
What is the short term momentum for GHG stock?
The short term momentum for GREENTREE HOSPITALITY GR-ADR (GHG) is negative.
What is the buy/sell signal for GHG stock?
The buy/sell signal for GREENTREE HOSPITALITY GR-ADR (GHG) is sell as both the short term and long term trends are negative.