GREENTREE HOSPITALITY GR-ADR (GHG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GHG - US39579V1008 - ADR
Taking everything into account, GHG scores 0 out of 10 in our technical rating. GHG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GHG does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for GHG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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1.70
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.73 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.88 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.02 from a trend line in the weekly time frame.
- Resistance @2.22 from a horizontal line in the daily 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 | 13.07 | NEGATIVE | GHG has a low relative strength, it was outperformed by 86.93% 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) | 36.11 | NEUTRAL | The RSI value for GHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GHG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.7 | NEUTRAL | The Stochastics value for GHG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for GHG suggests some volalility. |
| Average Directional Index/ADX (14) | 28.3 | POSITIVE | The high ADX value value for GHG suggests a strong trend. |
1.72
-0.04 (-2.27%)
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 36.1058. 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.