Overall GRNQ gets a technical rating of 7 out of 10. In the last year, GRNQ was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, GRNQ 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 1.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GRNQ 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
0.86
We found 5 important support areas.
- A support zone ranging from 1.64 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.60 from a trend line in the weekly time frame.
- Support @1.51 from a trend line in the daily time frame.
- Support @1.48 from a horizontal line in the daily time frame.
- Support @0.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.80 to 1.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.86 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for GRNQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRNQ is neutral. |
| ChartMill Relative Strength | 90.91 | POSITIVE | GRNQ has a high relative strength, it outperformed 90.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRNQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRNQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRNQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.43 | NEUTRAL | The RSI value for GRNQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GRNQ has a negative trend. |
| Stochastics (14,3) | 31.09 | NEUTRAL | The Stochastics value for GRNQ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for GRNQ suggests high volalility. |
| Average Directional Index/ADX (14) | 12.75 | NEGATIVE | The low ADX value for GRNQ 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 |
|---|---|---|---|
| 1.76 | 1.64 | 0.12 (6.77%) | 14.78% |
| An entry @1.76. This is a Buy Stop order right above the 10 day moving average. | An exit @1.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 6.77%. | When investing 14.78% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of GRNQ. Please evaluate whether better entry and exit points can be found.
- 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.
1.7
0 (0%)
GREENPRO CAPITAL CORP / GRNQ FAQ
What is the technical rating for GRNQ stock?
ChartMill assigns a technical rating of 7 / 10 to GRNQ.
What is the current trend direction of GREENPRO CAPITAL CORP (GRNQ) stock?
The current trend direction for GREENPRO CAPITAL CORP (GRNQ) is Bullish.
What is the RSI signal for GREENPRO CAPITAL CORP (GRNQ) stock?
GREENPRO CAPITAL CORP (GRNQ) has an RSI value of 49.4277. This indicates that the stock is currently neutral.
What is the MACD signal for GRNQ stock?
The MACD indicator for GREENPRO CAPITAL CORP (GRNQ) has a value of -0.00913156, indicating a bearish trend.
Can you provide the support and resistance levels for GREENPRO CAPITAL CORP?
GREENPRO CAPITAL CORP (GRNQ) has a support level at 1.67 and a resistance level at 1.8. Check the full technical report for our detailed analysis of GRNQ support and resistance levels.