NYSEARCA:GSB -
Overall GSB gets a technical rating of 2 out of 10. In the last year, GSB was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is bad, GSB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.47, a Stop Loss order could be placed below this zone.
6.87
When analyzing the support we can see 7 important areas.
When analyzing the resistance we notice 3 important areas.
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 GSB is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GSB is down. |
ChartMill Relative Strength | 30.41 | NEUTRAL | GSB is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GSB is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GSB is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GSB is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.2 | NEUTRAL | The RSI value for GSB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GSB has a negative trend. |
Stochastics (14,3) | 9.15 | OVERSOLD | The low Stochastics value suggests GSB may be oversold. |
Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for GSB suggests low volalility. |
NYSEARCA:GSB (8/28/2020, 8:14:53 PM)
9.48
0 (0%)