GLOBAL INTERACTIVE TECHNOLOG (GITS) Stock Technical Analysis
NASDAQ:GITS - Nasdaq - US4112922046 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to GITS. Although GITS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than GITS.
GITS is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 92% are performing better than GITS.
Both the short term and long term trends are positive. This is a very positive sign.
GITS has an average volume of 2136390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GITS has a been trading in the 1.25 - 4.90 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.
Although GITS has an excellent technical rating, it does not offer a high 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
0.94
2.67
We found 4 important support areas.
- Support @1.52 from a trend line in the daily time frame.
- Support @1.46 from a trend line in the weekly time frame.
- Support @1.43 from a trend line in the daily time frame.
- Support @0.95 from a horizontal 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 | UP | POSITIVE | The long term trend for GITS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GITS is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GITS 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 GITS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GITS is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 57.58 | NEUTRAL | The RSI value for GITS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GITS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.61 | NEUTRAL | The Stochastics value for GITS is a neutral value. |
| Average True Range in percent/ATR (20) | 15.46 | HIGH VOLATILITY | The high ATR as a percentage value for GITS suggests high volalility. |
| Average Directional Index/ADX (14) | 40.48 | POSITIVE | The high ADX value value for GITS 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)
2.64
-0.2 (-7.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-7.04%
1 Week-31.25%
2 Weeks91.3%
1 Month57.14%
3 Month140%
6 Month1104.38%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%15.46%
ATR Inc-48.84%
Range Today0.31
ADR(20)0.3
ADR(20)%11.47%
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 High4.9
10 Day Low1.26
20 Day High4.9
20 Day Low1.25
52 Week HighN/A
52 Week LowN/A
CS1 End1.52
CR1 StartN/A
Volume & EV
DER(3)-3.92%
DER(5)-4.81%
Volume143.00K
Volume Incr-84.63%
Vol(5)364.16K
Vol(50)2.14M