Greenvision Acquisition Corp (GRNV) Stock Technical Analysis
NASDAQ:GRNV - Nasdaq -
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! However, this is in line with the S&P500, which is also trading near new highs.
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 overall good ranking is mostly due to the recent strong 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 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
9.89
13.08
When analyzing the support we notice one important 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.
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. |
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)
12.95
+4.81 (+59.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg59.09%
1 Week31.74%
2 Weeks27.71%
1 Month26.96%
3 Month27.46%
6 Month25.48%
12 Month28.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%8.75%
ATR Inc2582.57%
Range Today16.7
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.27
Mansfield0.93
10 Day High25.3
10 Day Low7.7
20 Day High25.3
20 Day Low7.7
52 Week High25.3
52 Week Low7.7
CS1 End10.2
CR1 StartN/A
Volume & EV
DER(3)6.16%
DER(5)6.76%
Volume4.27M
Volume Incr3117.88%
Vol(5)886.22K
Vol(50)112.00K