GLOBAL MOFY AI LTD-A (GMM) Stock Technical Analysis
USA - NASDAQ:GMM - KYG3937M1143 - Common Stock
We assign a technical rating of 0 out of 10 to GMM. GMM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
GMM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.94, a Stop Loss order could be placed below this zone.
More info and screens
1.87
When analyzing the support we notice one important area.
- A support zone ranging from 1.89 to 1.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Resistance @1.96 from a horizontal line in the daily time frame.
- Resistance @2.00 from a horizontal line in the weekly time frame.
- Resistance @2.18 from a trend line in the daily time frame.
- Resistance @2.25 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 | DOWN | NEGATIVE | The long term trend for GMM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GMM is down. |
| ChartMill Relative Strength | 3.23 | NEGATIVE | GMM has a low relative strength, it was outperformed by 96.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GMM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GMM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GMM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.18 | NEUTRAL | The RSI value for GMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GMM has a positive trend. |
| Stochastics (14,3) | 46.03 | NEUTRAL | The Stochastics value for GMM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for GMM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for GMM suggests a weak or negative trend. |
1.95
+0.06 (+3.17%)
GLOBAL MOFY AI LTD-A / GMM FAQ
What is the technical rating for GMM stock?
ChartMill assigns a technical rating of 0 / 10 to GMM.
Can you provide the trend direction for GLOBAL MOFY AI LTD-A?
The current trend direction for GLOBAL MOFY AI LTD-A (GMM) is Bearish.
What is the RSI signal for GLOBAL MOFY AI LTD-A (GMM) stock?
GLOBAL MOFY AI LTD-A (GMM) has an RSI value of 48.1798. This indicates that the stock is currently neutral.
What is the buy/sell signal for GMM stock?
The buy/sell signal for GLOBAL MOFY AI LTD-A (GMM) is sell as both the short term and long term trends are negative.
What is the support and resistance level for GMM stock?
GLOBAL MOFY AI LTD-A (GMM) has a support level at 1.94 and a resistance level at 1.96. Check the full technical report for our detailed analysis of GMM support and resistance levels.