GRYPHON DIGITAL MINING INC (GRYP) Stock Technical Analysis
NASDAQ:GRYP - Nasdaq - US4005101039 - Common Stock - Currency: USD
Taking everything into account, GRYP scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, GRYP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
GRYP is one of the better performing stocks in the Software industry, it outperforms 98% of 282 stocks in the same industry.
In the last month GRYP has a been trading in the 0.75 - 1.53 range, which is quite wide. It is currently trading near the high of this range.
GRYP has an average volume of 19657600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GRYP is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
GRYP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRYP is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although GRYP has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.97
1.43
We found 1 important support area.
- A support zone ranging from 0.98 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.42 from a horizontal 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 | UP | POSITIVE | The long term trend for GRYP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRYP is up. |
| ChartMill Relative Strength | 99.46 | POSITIVE | GRYP has a high relative strength, it outperformed 99.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRYP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRYP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRYP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.62 | NEUTRAL | The RSI value for GRYP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GRYP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.92 | OVERBOUGHT | The high Stochastics value suggests GRYP may be overbought. |
| Average True Range in percent/ATR (20) | 10.76 | HIGH VOLATILITY | The high ATR as a percentage value for GRYP suggests high volalility. |
| Average Directional Index/ADX (14) | 43.06 | POSITIVE | The high ADX value value for GRYP 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)
1.35
-0.07 (-4.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.93%
1 Week3.05%
2 Weeks65.64%
1 Month31.07%
3 Month770.97%
6 Month210.27%
12 Month25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%10.76%
ATR Inc5.81%
Range Today0.21
ADR(20)0.14
ADR(20)%10.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.46
Mansfield10.69
10 Day High1.53
10 Day Low0.82
20 Day High1.53
20 Day Low0.75
52 Week High2.93
52 Week Low0.13
CS1 End0.99
CR1 Start1.42
Volume & EV
DER(3)0%
DER(5)-3%
Volume10.46M
Volume Incr0.05%
Vol(5)10.86M
Vol(50)19.66M