We assign a technical rating of 3 out of 10 to GIBO. Recently some decent action could be observed, but in the medium term time frame this is still negative. GIBO was also a bad performer in the overall market in the last year.
The technical rating of GIBO is bad and it also does not present a quality setup 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.
2.44
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 GIBO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GIBO is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | GIBO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GIBO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GIBO is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.59 | NEUTRAL | The RSI value for GIBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GIBO has a positive trend. |
| Stochastics (14,3) | 81.31 | OVERBOUGHT | The high Stochastics value suggests GIBO may be overbought. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for GIBO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.97 | NEUTRAL | The ADX value for GIBO suggests a possible start of a new trend. |
2.71
+0.24 (+9.72%)
ChartMill assigns a technical rating of 3 / 10 to GIBO.
The current trend direction for GIBO HOLDINGS LTD-CL A (GIBO) is Bearish.
GIBO HOLDINGS LTD-CL A (GIBO) has an RSI value of 58.5931. This indicates that the stock is currently neutral.
The MACD indicator for GIBO HOLDINGS LTD-CL A (GIBO) has a value of 0.0685593, indicating a bearish trend.
The short term momentum for GIBO HOLDINGS LTD-CL A (GIBO) is neutral.