GIFTIFY INC (GIFT) Stock Technical Analysis
NASDAQ:GIFT - US74940T1043 - Common Stock
1.09 USD
+0.03 (+2.83%)
1.1 USD
+0.01 (+0.92%)
We assign a technical rating of 1 out of 10 to GIFT. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GIFT is a bad performer in the overall market: 100% of all stocks are doing better.
GIFT is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 91% are performing better than GIFT.
In the last month GIFT has a been trading in the 0.86 - 1.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
GIFT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for GIFT 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.
More info and screens
0.89
1.42
When analyzing the support we can see 3 important areas.
- Support @1.02 from a horizontal line in the daily time frame.
- A support zone ranging from 0.96 to 0.97. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.41 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 | 0 | NEGATIVE | GIFT 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 GIFT is above the rising 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) | 49.6 | NEUTRAL | The RSI value for GIFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GIFT has a positive trend. |
| Stochastics (14,3) | 43.27 | NEUTRAL | The Stochastics value for GIFT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.56 | HIGH VOLATILITY | The high ATR as a percentage value for GIFT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.4 | NEGATIVE | The low ADX value for GIFT suggests a weak or negative trend. |
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)
1.09
+0.03 (+2.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.83%
1 Week1.87%
2 Weeks3.81%
1 Month13.53%
3 Month-39.78%
6 Month-21.01%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%8.56%
ATR Inc-44.83%
Range Today0.06
ADR(20)0.09
ADR(20)%8.51%
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 High1.14
10 Day Low1.02
20 Day High1.32
20 Day Low0.86
52 Week HighN/A
52 Week LowN/A
CS1 End1.02
CR1 Start1.41
Volume & EV
DER(3)5.51%
DER(5)2.48%
Volume14.70K
Volume Incr-93%
Vol(5)15.42K
Vol(50)122.99K