Globalscape (GSB) Technical Analysis
NYSEARCA:GSB
Current stock price
GSB Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, GSB is a bad performer in the overall market: 70% of all stocks are doing better.
- In the last month GSB has a been trading in the 9.46 - 10.31 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- GSB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GSB is lagging the market slightly.
GSB Weekly and Daily overview Charts
GSB Setup Rating and Analysis
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.
More info and screens
GSB Support and Resistance Analysis
6.87
When analyzing the support we can see 7 important areas.
- 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.
When analyzing the resistance we notice 3 important areas.
- 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.
GSB Technical Indicator Signal Analysis
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. |
GSB Chart- and CandleStick Pattern Analysis
GSB Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:GSB (8/28/2020, 8:14:53 PM)
9.48
0 (0%)
Globalscape / GSB TA FAQ
Can you provide the ChartMill technical rating for Globalscape?
ChartMill assigns a technical rating of 2 / 10 to GSB.
What is the trend direction for GSB stock?
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 GSB stock?
The MACD indicator for Globalscape (GSB) has a value of -0.0191853, indicating a bearish trend.
What is the buy/sell signal for GSB stock?
The buy/sell signal for Globalscape (GSB) is hold as the short term and long term trends are mixed.