GAMING INNOVATION GROUP INC (GIG.OL) Stock Technical Analysis
OSL:GIG - Euronext Oslo - US36467X2062 - Common Stock - Currency: NOK
Taking everything into account, GIG scores 1 out of 10 in our technical rating. GIG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
74% of all other stocks performed better in the past year than GIG.
GIG is part of the Hotels, Restaurants & Leisure industry. There are 53 other stocks in this industry, of which 63% are performing better than GIG.
GIG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GIG is lagging the market.
In the last month GIG has a been trading in the 27.55 - 33.00 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.
Warning: GIG has an average volume of 19324 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
The technical rating of GIG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
26.33
32.97
We found 2 important support areas.
- Support @27.61 from a trend line in the weekly time frame.
- A support zone ranging from 26.60 to 26.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.21 to 31.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.46 to 32.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.49
Mansfield-1.91
10 Day High31.5
10 Day Low27.55
20 Day High33
20 Day Low27.55
52 Week High35.2
52 Week Low25.9
Performance
1 Week-7.41%
2 Weeks-9.94%
1 Month-8.91%
3 Month-4.75%
6 Month-17.35%
12 Month1.08%
2 Year25.56%
3 Year42.64%
5 Year216.44%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.32
RSI(14)34.22
LBB28.72
UBB32.5
OSL:GIG (9/24/2024, 10:30:15 AM)
28.1
-2.8 (-9.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-9.06%
1 Week-7.41%
2 Weeks-9.94%
1 Month-8.91%
3 Month-4.75%
6 Month-17.35%
12 Month1.08%
2 Year25.56%
3 Year42.64%
5 Year216.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%3.55%
ATR Inc199.55%
Range Today1.55
ADR(20)0.86
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.49
Mansfield-1.91
10 Day High31.5
10 Day Low27.55
20 Day High33
20 Day Low27.55
52 Week High35.2
52 Week Low25.9
CS1 End27.61
CR1 Start30.21
Volume & EV
DER(3)-87.57%
DER(5)-59.87%
Volume910
Volume Incr-23.08%
Vol(5)23.96K
Vol(50)19.32K