GLOO HOLDINGS INC-A (GLOO) Stock Technical Analysis
NASDAQ:GLOO • US3795981055
Overall GLOO gets a technical rating of 3 out of 10. GLOO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, GLOO is a bad performer in the overall market: 100% of all stocks are doing better.
- GLOO is part of the Software industry. There are 274 other stocks in this industry, of which 91% are performing better than GLOO.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month GLOO has a been trading in the 4.80 - 6.97 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of GLOO 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
5.58
We found 1 important support area.
- A support zone ranging from 5.64 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 GLOO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLOO is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLOO 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 GLOO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GLOO is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 69.44 | NEUTRAL | The RSI value for GLOO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests GLOO has a positive trend. |
| Stochastics (14,3) | 90.76 | OVERBOUGHT | The high Stochastics value suggests GLOO may be overbought. |
| Average True Range in percent/ATR (20) | 8.41 | HIGH VOLATILITY | The high ATR as a percentage value for GLOO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.71 | NEUTRAL | The ADX value for GLOO suggests a possible start of a new trend. |
6.97
+0.51 (+7.89%)
GLOO HOLDINGS INC-A / GLOO FAQ
What is the technical rating for GLOO stock?
ChartMill assigns a technical rating of 3 / 10 to GLOO.
Can you provide the trend direction for GLOO HOLDINGS INC-A?
The current trend direction for GLOO HOLDINGS INC-A (GLOO) is Bullish.
What is the RSI signal for GLOO stock?
GLOO HOLDINGS INC-A (GLOO) has an RSI value of 69.4417. This indicates that the stock is currently neutral.
What is the MACD signal for GLOO stock?
The MACD indicator for GLOO HOLDINGS INC-A (GLOO) has a value of 0.156483, indicating a bearish trend.
What is the short term momentum for GLOO stock?
The short term momentum for GLOO HOLDINGS INC-A (GLOO) is neutral.