Gores Holdings IV Inc Cl A (GHIV) Stock Technical Analysis
NASDAQ:GHIV - Nasdaq -
Overall GHIV gets a technical rating of 6 out of 10. Although GHIV is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, GHIV is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month GHIV has a been trading in the 10.85 - 14.38 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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!
GHIV has an average volume of 4999790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GHIV 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 GHIV is lagging the market slightly.
GHIV has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.79
13.04
We found 3 important support areas.
- A support zone ranging from 11.24 to 11.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.26 from a horizontal line in the daily time frame.
- A support zone ranging from 9.89 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @12.91 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 | UP | POSITIVE | The long term trend for GHIV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GHIV is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | GHIV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GHIV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GHIV is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 43.36 | NEUTRAL | The RSI value for GHIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests GHIV has a negative trend. |
| Stochastics (14,3) | 19.78 | OVERSOLD | The low Stochastics value suggests GHIV may be oversold. |
| Average True Range in percent/ATR (20) | 7.72 | HIGH VOLATILITY | The high ATR as a percentage value for GHIV suggests high volalility. |
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)
11.54
-0.16 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.37%
1 Week-8.41%
2 Weeks-3.83%
1 Month5.1%
3 Month16.21%
6 Month9.38%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%7.72%
ATR Inc27.4%
Range Today1.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High13.59
10 Day Low10.85
20 Day High14.38
20 Day Low10.85
52 Week High14.38
52 Week Low9.6
CS1 End11.44
CR1 Start12.91
Volume & EV
DER(3)0.1%
DER(5)-1.27%
Volume14.42M
Volume Incr45.04%
Vol(5)10.37M
Vol(50)5.00M