Taking everything into account, GREE scores 5 out of 10 in our technical rating. GREE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
GREE has an average technical rating and it also 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
1.14
4 important support areas can be observed.
- Support @1.37 from a trend line in the weekly time frame.
- Support @1.27 from a trend line in the daily time frame.
- A support zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.15 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.74 to 1.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.97 to 1.98. 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 | NEUTRAL | NEUTRAL | The long term trend for GREE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GREE is up. |
| ChartMill Relative Strength | 73.43 | POSITIVE | GREE has a high relative strength, it outperformed 73.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GREE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GREE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GREE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.46 | NEUTRAL | The RSI value for GREE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GREE has a positive trend. |
| Stochastics (14,3) | 88.85 | OVERBOUGHT | The high Stochastics value suggests GREE may be overbought. |
| Average True Range in percent/ATR (20) | 11.83 | HIGH VOLATILITY | The high ATR as a percentage value for GREE suggests high volalility. |
| Average Directional Index/ADX (14) | 12.42 | NEGATIVE | The low ADX value for GREE suggests a weak or negative trend. |
1.73
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GREENIDGE GENERATION HOLDING / GREE FAQ
Can you provide the ChartMill technical rating for GREENIDGE GENERATION HOLDING?
ChartMill assigns a technical rating of 5 / 10 to GREE.
What is the current trend direction of GREENIDGE GENERATION HOLDING (GREE) stock?
The current trend direction for GREENIDGE GENERATION HOLDING (GREE) is Bearish.
What is the RSI signal for GREE stock?
GREENIDGE GENERATION HOLDING (GREE) has an RSI value of 55.4596. This indicates that the stock is currently neutral.
What are the support and resistance levels for GREENIDGE GENERATION HOLDING (GREE) stock?
GREENIDGE GENERATION HOLDING (GREE) has a support level at 1.37 and a resistance level at 1.74. Check the full technical report for our detailed analysis of GREE support and resistance levels.