GREENLANE HOLDINGS INC - A (GNLN) Technical Analysis
NASDAQ:GNLN • US3953305097
Current stock price
GNLN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GNLN. GNLN'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GNLN is a bad performer in the overall market: 100% of all stocks are doing better.
- GNLN is one of the lesser performing stocks in the Distributors industry. 68% of 23 stocks in the same industry do better.
- GNLN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GNLN is lagging the market.
- In the last month GNLN has a been trading in the 2.09 - 7.11 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
GNLN Weekly and Daily overview Charts
GNLN Setup Rating and Analysis
The technical rating of GNLN 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
GNLN Support and Resistance Analysis
GNLN Technical Indicator Signal Analysis
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 GNLN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNLN is down. |
| ChartMill Relative Strength | 0.6 | NEGATIVE | GNLN has a low relative strength, it was outperformed by 99.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GNLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GNLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.79 | NEUTRAL | The RSI value for GNLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests GNLN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.47 | OVERSOLD | The low Stochastics value suggests GNLN may be oversold. |
| Average True Range in percent/ATR (20) | 31.98 | HIGH VOLATILITY | The high ATR as a percentage value for GNLN suggests high volalility. |
| Average Directional Index/ADX (14) | 45.77 | POSITIVE | The high ADX value value for GNLN suggests a strong trend. |
GNLN Chart- and CandleStick Pattern Analysis
GNLN Technicals: Chart, Performance Metrics, Trend & Indicators
2.86
+0.06 (+2.06%)
GREENLANE HOLDINGS INC - A / GNLN TA FAQ
Can you provide the ChartMill technical rating for GREENLANE HOLDINGS INC - A?
ChartMill assigns a technical rating of 0 / 10 to GNLN.
Can you provide the trend direction for GREENLANE HOLDINGS INC - A?
The current trend direction for GREENLANE HOLDINGS INC - A (GNLN) is Bearish.
Can you provide the RSI signal for GREENLANE HOLDINGS INC - A?
GREENLANE HOLDINGS INC - A (GNLN) has an RSI value of 31.7901. This indicates that the stock is currently neutral.
What is the buy/sell signal for GNLN stock?
The buy/sell signal for GREENLANE HOLDINGS INC - A (GNLN) is sell as both the short term and long term trends are negative.