Taking everything into account, GMBT scores 2 out of 10 in our technical rating. GMBT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of GMBT 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
9.29
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.82 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GMBT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GMBT is neutral. |
| ChartMill Relative Strength | 54.77 | NEUTRAL | GMBT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GMBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GMBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GMBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 17.78 | OVERSOLD | The low RSI value suggests GMBT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GMBT has a negative trend. |
| Stochastics (14,3) | 50.68 | NEUTRAL | The Stochastics value for GMBT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for GMBT suggests low volalility. |
9.38
-0.5 (-5.06%)
QUEEN'S GAMBIT GROWTH -CL A / GMBT FAQ
What is the ChartMill technical rating of QUEEN'S GAMBIT GROWTH -CL A (GMBT) stock?
ChartMill assigns a technical rating of 2 / 10 to GMBT.
What is the trend direction for GMBT stock?
The current trend direction for QUEEN'S GAMBIT GROWTH -CL A (GMBT) is Bearish.
What is the RSI signal for QUEEN'S GAMBIT GROWTH -CL A (GMBT) stock?
QUEEN'S GAMBIT GROWTH -CL A (GMBT) has an RSI value of 17.7784. This indicates that the stock is currently oversold.
What are the support and resistance levels for QUEEN'S GAMBIT GROWTH -CL A (GMBT) stock?
QUEEN'S GAMBIT GROWTH -CL A (GMBT) has a resistance level at 9.82. Check the full technical report for our detailed analysis of GMBT support and resistance levels.