GREENPRO CAPITAL CORP (GRNQ) Stock Technical Analysis
USA - NASDAQ:GRNQ - US39540F3091 - Common Stock
1.6521 USD
+0.06 (+3.91%)
1.7705 USD
+0.12 (+7.17%)
Overall GRNQ gets a technical rating of 10 out of 10. 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, GRNQ did better than 91% of all other stocks. We also observe that the gains produced by GRNQ over the past year are nicely spread over this period.
GRNQ is part of the Capital Markets industry. There are 237 other stocks in this industry. GRNQ outperforms 95% of them.
GRNQ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GRNQ is lagging the market slightly.
In the last month GRNQ has a been trading in the 1.30 - 1.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, GRNQ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.86
1.85
5 important support areas can be observed.
- A support zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.46 from a trend line in the weekly time frame.
- Support @1.38 from a trend line in the daily time frame.
- A support zone ranging from 1.31 to 1.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.70 from a horizontal line in the weekly time frame.
- Resistance @1.80 from a trend line in the daily time frame.
- Resistance @1.83 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 | 91.05 | POSITIVE | GRNQ has a high relative strength, it outperformed 91.05% 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) | 54.75 | NEUTRAL | The RSI value for GRNQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GRNQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.04 | NEUTRAL | The Stochastics value for GRNQ is a neutral value. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for GRNQ suggests high volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for GRNQ 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)
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 |
|---|---|---|---|
| 1.72 | 1.58 | 0.14 (8.14%) | 12.29% |
| An entry @1.72. This is a Buy Stop order right above the resistance zone. | An exit @1.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 8.14%. | When investing 12.29% 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.
1.6521
+0.06 (+3.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg3.91%
1 Week-9.72%
2 Weeks-3.39%
1 Month18.86%
3 Month10.88%
6 Month49.38%
12 Month55.13%
2 Year99.29%
3 Year42.42%
5 Year-89.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.91%
ATR Inc-24.75%
Range Today0.13
ADR(20)0.13
ADR(20)%7.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.05
3 months CRS85.66
6 months CRS90.54
Mansfield1.72
10 Day High1.86
10 Day Low1.53
20 Day High1.86
20 Day Low1.3
52 Week High2.5
52 Week Low0.83
CS1 End1.59
CR1 Start1.71
Volume & EV
DER(3)0.97%
DER(5)0.18%
Volume5.40K
Volume Incr-97.55%
Vol(5)20.72K
Vol(50)355.37K
GREENPRO CAPITAL CORP / GRNQ FAQ
What is the technical rating for GRNQ stock?
ChartMill assigns a technical rating of 10 / 10 to GRNQ.
Can you provide the trend direction for GREENPRO CAPITAL CORP?
The current trend direction for GREENPRO CAPITAL CORP (GRNQ) is Bullish.
Can you provide the RSI signal for GREENPRO CAPITAL CORP?
GREENPRO CAPITAL CORP (GRNQ) has an RSI value of 54.7504. This indicates that the stock is currently neutral.
What is the MACD signal for GREENPRO CAPITAL CORP (GRNQ) stock?
The MACD indicator for GREENPRO CAPITAL CORP (GRNQ) has a value of 0.00300819, indicating a bearish trend.