GAMCO NATURAL RESOURCES GOLD (GNT) Stock Technical Analysis
USA - NYSE:GNT - US36465E1010
7.11 USD
-0.04 (-0.56%)
7.08 USD
-0.03 (-0.42%)
We assign a technical rating of 9 out of 10 to GNT. Both in the recent history as in the last year, GNT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GNT is one of the better performing stocks in the market, outperforming 74% of all stocks.
A new 52 week high is currently being made by GNT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GNT has a been trading in a tight range between 6.83 and 7.18.
Besides having an excellent technical rating, GNT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.12. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GNT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.26
7.23
4 important support areas can be observed.
- A support zone ranging from 6.76 to 6.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.26 to 6.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.68 from a trend line in the weekly time frame.
- Support @5.31 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.12 to 7.16. 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 | 74.63 | POSITIVE | GNT has a high relative strength, it outperformed 74.63% 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) | 65.89 | NEUTRAL | The RSI value for GNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GNT has a negative trend. |
| Stochastics (14,3) | 90.4 | OVERBOUGHT | The high Stochastics value suggests GNT may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for GNT suggests low volalility. |
| Average Directional Index/ADX (14) | 33.9 | POSITIVE | The high ADX value value for GNT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.17 | 6.95 | 0.22 (3.07%) | 25.00% |
| An entry @7.17. This is a Buy Stop order right above the resistance zone. | An exit @6.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.22 points, which is 3.07%. | For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.11
-0.04 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.56%
1 Week1.14%
2 Weeks1.14%
1 Month2.75%
3 Month10.23%
6 Month20.1%
12 Month17.33%
2 Year54.57%
3 Year58.3%
5 Year52.9%
10 Year14.49%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.13%
ATR Inc-3.49%
Range Today0.08
ADR(20)0.08
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.63
Mansfield0.41
10 Day High7.18
10 Day Low6.96
20 Day High7.18
20 Day Low6.83
52 Week High7.18
52 Week Low5.02
CS1 End6.83
CR1 Start7.12
Volume & EV
DER(3)7.7%
DER(5)4.66%
Volume114.10K
Volume Incr-7.61%
Vol(5)85.78K
Vol(50)69.26K