Greenvision Acquisition Corp (GRNV) Technical Analysis
NASDAQ:GRNV
Current stock price
GRNV Technical Rating and Analysis
Overall GRNV gets a technical rating of 5 out of 10. GRNV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- A new 52 week high is currently being made by GRNV, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so GRNV is leading the market.
- In the last month GRNV has a been trading in the 7.70 - 25.30 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, GRNV did better than 77% of all other 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.
GRNV Weekly and Daily overview Charts
GRNV Setup Rating and Analysis
GRNV has an average technical rating and it also does not offer a high quality setup 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
GRNV Support and Resistance Analysis
9.89
We found 1 important support area.
- A support zone ranging from 9.99 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
GRNV Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for GRNV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRNV is neutral. |
| ChartMill Relative Strength | 77.27 | POSITIVE | GRNV has a high relative strength, it outperformed 77.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRNV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRNV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRNV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.5 | OVERBOUGHT | The high RSI value suggests GRNV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GRNV has a positive trend. |
| Stochastics (14,3) | 19.29 | OVERSOLD | The low Stochastics value suggests GRNV may be oversold. |
| Average True Range in percent/ATR (20) | 8.75 | HIGH VOLATILITY | The high ATR as a percentage value for GRNV suggests high volalility. |
GRNV Chart- and CandleStick Pattern Analysis
GRNV Technicals: Chart, Performance Metrics, Trend & Indicators
12.95
+4.81 (+59.09%)
Greenvision Acquisition Corp / GRNV TA FAQ
What is the technical rating for GRNV stock?
ChartMill assigns a technical rating of 5 / 10 to GRNV.
What is the trend direction for GRNV stock?
The current trend direction for Greenvision Acquisition Corp (GRNV) is Bearish.
What is the RSI signal for Greenvision Acquisition Corp (GRNV) stock?
Greenvision Acquisition Corp (GRNV) has an RSI value of 74.5022. This indicates that the stock is currently overbought.
What is the MACD signal for Greenvision Acquisition Corp (GRNV) stock?
The MACD indicator for Greenvision Acquisition Corp (GRNV) has a value of 0.0760179, indicating a bearish trend.
What are the support and resistance levels for Greenvision Acquisition Corp (GRNV) stock?
Greenvision Acquisition Corp (GRNV) has a support level at 10.2. Check the full technical report for our detailed analysis of GRNV support and resistance levels.