GREENPRO CAPITAL CORP (GRNQ) Stock Technical Analysis
NASDAQ:GRNQ - Nasdaq - US39540F3091 - Common Stock - Currency: USD
Taking everything into account, GRNQ scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, GRNQ 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.
GRNQ is part of the Capital Markets industry. There are 233 other stocks in this industry. GRNQ outperforms 98% of them.
GRNQ is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GRNQ has a been trading in the 1.47 - 2.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that GRNQ is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GRNQ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.83
2.18
2 important support areas can be observed.
- Support @0.87 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.84 to 0.84. 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 GRNQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRNQ is up. |
| ChartMill Relative Strength | 97.37 | POSITIVE | GRNQ has a high relative strength, it outperformed 97.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRNQ is above the rising 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) | 67.81 | NEUTRAL | The RSI value for GRNQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GRNQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.19 | OVERBOUGHT | The high Stochastics value suggests GRNQ may be overbought. |
| Average True Range in percent/ATR (20) | 9.16 | HIGH VOLATILITY | The high ATR as a percentage value for GRNQ suggests high volalility. |
| Average Directional Index/ADX (14) | 44.11 | POSITIVE | The high ADX value value for GRNQ 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)
2.16
-0.26 (-10.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-10.74%
1 Week14.89%
2 Weeks40.26%
1 Month41.18%
3 Month132.81%
6 Month101.87%
12 Month101.87%
2 Year45.95%
3 Year45.95%
5 Year-75.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%9.16%
ATR Inc218.99%
Range Today0.38
ADR(20)0.19
ADR(20)%8.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.37
Mansfield8.16
10 Day High2.5
10 Day Low1.52
20 Day High2.5
20 Day Low1.47
52 Week High2.5
52 Week Low0.8
CS1 End0.87
CR1 StartN/A
Volume & EV
DER(3)7.1%
DER(5)3.21%
Volume160.10K
Volume Incr78.33%
Vol(5)145.16K
Vol(50)104.97K