We assign a technical rating of 3 out of 10 to GRRRW. Although GRRRW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GRRRW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.40
We found 2 important support areas.
- Support @0.44 from a trend line in the daily time frame.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.51 from a trend line in the daily time frame.
- A resistance zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.59 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for GRRRW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRRRW is down. |
| ChartMill Relative Strength | 86 | POSITIVE | GRRRW has a high relative strength, it outperformed 86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRRRW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRRRW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRRRW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.59 | NEUTRAL | The RSI value for GRRRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GRRRW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for GRRRW is a neutral value. |
| Average True Range in percent/ATR (20) | 15.66 | HIGH VOLATILITY | The high ATR as a percentage value for GRRRW suggests high volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for GRRRW suggests a weak or negative trend. |
0.4501
-0.07 (-12.69%)
GORILLA TECHNOLOGY GROUP-CW / GRRRW FAQ
What is the ChartMill technical rating of GORILLA TECHNOLOGY GROUP-CW (GRRRW) stock?
ChartMill assigns a technical rating of 3 / 10 to GRRRW.
What is the trend direction for GRRRW stock?
The current trend direction for GORILLA TECHNOLOGY GROUP-CW (GRRRW) is Bearish.
What is the RSI signal for GORILLA TECHNOLOGY GROUP-CW (GRRRW) stock?
GORILLA TECHNOLOGY GROUP-CW (GRRRW) has an RSI value of 41.5913. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GORILLA TECHNOLOGY GROUP-CW?
The MACD indicator for GORILLA TECHNOLOGY GROUP-CW (GRRRW) has a value of 0.00214283, indicating a bearish trend.
What is the short term momentum for GRRRW stock?
The short term momentum for GORILLA TECHNOLOGY GROUP-CW (GRRRW) is negative.