We assign a technical rating of 8 out of 10 to GREK. In the last year, GREK was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, GREK also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 65.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.09, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
38.35
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 GREK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GREK is neutral. |
| ChartMill Relative Strength | 91.46 | POSITIVE | GREK has a high relative strength, it outperformed 91.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GREK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GREK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GREK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.61 | NEUTRAL | The RSI value for GREK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests GREK has a positive trend. |
| Stochastics (14,3) | 42.82 | NEUTRAL | The Stochastics value for GREK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for GREK suggests low volalility. |
| Average Directional Index/ADX (14) | 14.42 | NEGATIVE | The low ADX value for GREK suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 65.24 | 63.35 | 1.89 (2.90%) | 25.00% |
| An entry @65.24. This is a Buy Stop order right above the resistance zone. | An exit @63.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.89 points, which is 2.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
NYSEARCA:GREK (11/21/2025, 8:04:00 PM)
64.64
+1.88 (+3%)
ChartMill assigns a technical rating of 8 / 10 to GREK.
The current trend direction for GLOBAL X MSCI GREECE ETF (GREK) is Bullish.
GLOBAL X MSCI GREECE ETF (GREK) has an RSI value of 55.6085. This indicates that the stock is currently neutral.
The short term momentum for GLOBAL X MSCI GREECE ETF (GREK) is neutral.