GIGCAPITAL7 CORP-A - 29 (GIGGW) Stock Technical Analysis
USA - NASDAQ:GIGGW -
0.95 USD
-0.45 (-32.14%)
1.01 USD
+0.06 (+6.32%)
Overall GIGGW gets a technical rating of 7 out of 10. Although GIGGW 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, GIGGW is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
GIGGW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GIGGW is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month GIGGW has a been trading in the 0.12 - 1.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GIGGW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.94
0.96
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 GIGGW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GIGGW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GIGGW 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 GIGGW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GIGGW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.22 | NEUTRAL | The RSI value for GIGGW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests GIGGW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.98 | NEUTRAL | The Stochastics value for GIGGW is a neutral value. |
| Average True Range in percent/ATR (20) | 18.47 | HIGH VOLATILITY | The high ATR as a percentage value for GIGGW suggests high volalility. |
| Average Directional Index/ADX (14) | 43.98 | POSITIVE | The high ADX value value for GIGGW suggests a strong 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)
0.95
-0.45 (-32.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-32.14%
1 Week131.71%
2 Weeks295.83%
1 Month400.26%
3 Month400%
6 Month1087.5%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%18.47%
ATR Inc435.48%
Range Today0.58
ADR(20)0.16
ADR(20)%16.77%
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 High1.71
10 Day Low0.2
20 Day High1.71
20 Day Low0.12
52 Week High1.71
52 Week Low0.04
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)2.62%
DER(5)4.46%
Volume1.47M
Volume Incr801.47%
Vol(5)2.01M
Vol(50)301.90K