GAMCO NATURAL RESOURCES GOLD (GNT) Technical Analysis
NYSE:GNT • US36465E1010
Overall GNT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GNT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GNT is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by GNT over the past year are nicely spread over this period.
- GNT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GNT has a been trading in the 7.95 - 9.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GNT 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
6.82
5 important support areas can be observed.
- A support zone ranging from 8.21 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.82 to 7.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.62 from a trend line in the weekly time frame.
- Support @7.32 from a trend line in the daily time frame.
- Support @6.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.17 to 9.19. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for GNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GNT is up. |
| ChartMill Relative Strength | 88.04 | POSITIVE | GNT has a high relative strength, it outperformed 88.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.6 | NEUTRAL | The RSI value for GNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.89 | NEUTRAL | The Stochastics value for GNT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for GNT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.6 | NEUTRAL | The ADX value for GNT suggests a possible start of a new trend. |
GNT Technicals: Chart, Performance Metrics, Trend & Indicators
8.84
+0.01 (+0.11%)
GAMCO NATURAL RESOURCES GOLD / GNT FAQ
What is the ChartMill technical rating of GAMCO NATURAL RESOURCES GOLD (GNT) stock?
ChartMill assigns a technical rating of 10 / 10 to GNT.
What is the trend direction for GNT stock?
The current trend direction for GAMCO NATURAL RESOURCES GOLD (GNT) is Bullish.
Can you provide the RSI signal for GAMCO NATURAL RESOURCES GOLD?
GAMCO NATURAL RESOURCES GOLD (GNT) has an RSI value of 57.5954. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GAMCO NATURAL RESOURCES GOLD?
The short term momentum for GAMCO NATURAL RESOURCES GOLD (GNT) is positive.
What are the support and resistance levels for GAMCO NATURAL RESOURCES GOLD (GNT) stock?
GAMCO NATURAL RESOURCES GOLD (GNT) has a support level at 8.25 and a resistance level at 9.17. Check the full technical report for our detailed analysis of GNT support and resistance levels.