GIFTIFY INC (GIFT) Technical Analysis
NASDAQ:GIFT • US74940T1043
Taking everything into account, GIFT scores 0 out of 10 in our technical rating. GIFT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 91% of all other stocks performed better in the past year than GIFT.
- GIFT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GIFT is lagging the market.
- GIFT is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, GIFT did better than 41% of them.
- In the last month GIFT has a been trading in the 0.74 - 1.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
The technical rating of GIFT 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.
More info and screens
0.83
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.84 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.95 from a trend line in the daily time frame.
- Resistance @1.02 from a trend 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 GIFT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIFT is down. |
| ChartMill Relative Strength | 9.61 | NEGATIVE | GIFT has a low relative strength, it was outperformed by 90.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GIFT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIFT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GIFT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.39 | NEUTRAL | The RSI value for GIFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GIFT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.52 | NEUTRAL | The Stochastics value for GIFT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.28 | HIGH VOLATILITY | The high ATR as a percentage value for GIFT suggests high volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for GIFT suggests a strong trend. |
GIFT Technicals: Chart, Performance Metrics, Trend & Indicators
0.841
-0.02 (-2.21%)
GIFTIFY INC / GIFT FAQ
Can you provide the ChartMill technical rating for GIFTIFY INC?
ChartMill assigns a technical rating of 0 / 10 to GIFT.
What is the current trend direction of GIFTIFY INC (GIFT) stock?
The current trend direction for GIFTIFY INC (GIFT) is Bearish.
Can you provide the RSI signal for GIFTIFY INC?
GIFTIFY INC (GIFT) has an RSI value of 39.387. This indicates that the stock is currently neutral.
What is the short term momentum for GIFT stock?
The short term momentum for GIFTIFY INC (GIFT) is negative.
What is the buy/sell signal for GIFT stock?
The buy/sell signal for GIFTIFY INC (GIFT) is sell as both the short term and long term trends are negative.