We assign a technical rating of 2 out of 10 to GITS. Although GITS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of GITS 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
0.74
We found 1 important support area.
- A support zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.02 from a trend line in the daily time frame.
- Resistance @1.23 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 GITS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GITS is down. |
| ChartMill Relative Strength | 94.8 | POSITIVE | GITS has a high relative strength, it outperformed 94.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GITS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GITS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GITS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.69 | OVERSOLD | The low RSI value suggests GITS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GITS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.58 | OVERSOLD | The low Stochastics value suggests GITS may be oversold. |
| Average True Range in percent/ATR (20) | 15.35 | HIGH VOLATILITY | The high ATR as a percentage value for GITS suggests high volalility. |
| Average Directional Index/ADX (14) | 45.78 | POSITIVE | The high ADX value value for GITS suggests a strong trend. |
0.7879
0 (-0.27%)
GLOBAL INTERACTIVE TECHNOLOG / GITS FAQ
What is the ChartMill technical rating of GLOBAL INTERACTIVE TECHNOLOG (GITS) stock?
ChartMill assigns a technical rating of 2 / 10 to GITS.
What is the current trend direction of GLOBAL INTERACTIVE TECHNOLOG (GITS) stock?
The current trend direction for GLOBAL INTERACTIVE TECHNOLOG (GITS) is Bearish.
Can you provide the RSI signal for GLOBAL INTERACTIVE TECHNOLOG?
GLOBAL INTERACTIVE TECHNOLOG (GITS) has an RSI value of 29.6914. This indicates that the stock is currently oversold.
What is the buy/sell signal for GITS stock?
The buy/sell signal for GLOBAL INTERACTIVE TECHNOLOG (GITS) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for GLOBAL INTERACTIVE TECHNOLOG?
GLOBAL INTERACTIVE TECHNOLOG (GITS) has a support level at 0.75 and a resistance level at 1.02. Check the full technical report for our detailed analysis of GITS support and resistance levels.