Overall GSB gets a technical rating of 2 out of 10. GSB was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
GSB has a bad technical rating, but it does show a decent setup pattern. 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.
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6.87
7 important support areas can be observed.
- A support zone ranging from 9.43 to 9.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.89 from a trend line in the weekly time frame.
- Support @8.68 from a trend line in the daily time frame.
- Support @8.32 from a trend line in the daily time frame.
- Support @8.18 from a horizontal line in the weekly time frame.
- Support @7.57 from a horizontal line in the daily time frame.
- Support @6.94 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.49 to 9.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.33 from a trend line in the daily time frame.
- Resistance @10.55 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 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%)
Globalscape / GSB FAQ
Can you provide the ChartMill technical rating for Globalscape?
ChartMill assigns a technical rating of 2 / 10 to GSB.
Can you provide the trend direction for Globalscape?
The current trend direction for Globalscape (GSB) is Bullish.
Can you provide the RSI signal for Globalscape?
Globalscape (GSB) has an RSI value of 49.2031. This indicates that the stock is currently neutral.
What is the MACD signal for Globalscape (GSB) stock?
The MACD indicator for Globalscape (GSB) has a value of -0.0191853, indicating a bearish trend.
Can you provide the short term momentum for Globalscape?
The short term momentum for Globalscape (GSB) is negative.