GREENIDGE GENERATION HOLDING (GREE) Stock Technical Analysis
NASDAQ:GREE - Nasdaq - US39531G3083 - Common Stock - Currency: USD
Overall GREE gets a technical rating of 4 out of 10. GREE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
GREE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GREE has a been trading in the 1.11 - 1.66 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, GREE turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
GREE is part of the Software industry. There are 282 other stocks in this industry, GREE did better than 56% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, GREE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.13
1.80
We found 1 important support area.
- A support zone ranging from 1.14 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @1.35 from a trend line in the weekly time frame.
- Resistance @1.60 from a trend line in the daily time frame.
- Resistance @1.74 from a trend line in the daily time frame.
- Resistance @1.78 from a trend line in the weekly 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 GREE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GREE is neutral. |
| ChartMill Relative Strength | 69.08 | NEUTRAL | GREE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GREE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GREE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GREE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.28 | NEUTRAL | The RSI value for GREE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GREE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.85 | OVERSOLD | The low Stochastics value suggests GREE may be oversold. |
| Average True Range in percent/ATR (20) | 11.53 | HIGH VOLATILITY | The high ATR as a percentage value for GREE suggests high volalility. |
| Average Directional Index/ADX (14) | 24.49 | NEUTRAL | The ADX value for GREE suggests a possible start of a new 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)
1.29
+0.14 (+12.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg12.17%
1 Week11.21%
2 Weeks-7.19%
1 Month-7.86%
3 Month91.11%
6 Month-27.93%
12 Month-58.39%
2 Year-54.26%
3 Year-94.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%11.53%
ATR Inc-14.96%
Range Today0.17
ADR(20)0.14
ADR(20)%11.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.08
Mansfield-2.84
10 Day High1.49
10 Day Low1.11
20 Day High1.66
20 Day Low1.11
52 Week High3.84
52 Week Low0.58
CS1 End1.14
CR1 Start1.38
Volume & EV
DER(3)-2.84%
DER(5)-6.84%
Volume206.70K
Volume Incr-7.12%
Vol(5)226.58K
Vol(50)452.27K