Overall GSHD gets a technical rating of 3 out of 10. In the past year, GSHD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, GSHD 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 71.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
64.54
5 important support areas can be observed.
- A support zone ranging from 73.90 to 74.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.94 to 71.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @68.37 from a trend line in the weekly time frame.
- A support zone ranging from 66.81 to 67.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.19 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 76.81 to 78.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 GSHD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSHD is neutral. |
| ChartMill Relative Strength | 16.46 | NEGATIVE | GSHD has a low relative strength, it was outperformed by 83.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSHD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSHD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GSHD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.01 | NEUTRAL | The RSI value for GSHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests GSHD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.7 | NEUTRAL | The Stochastics value for GSHD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for GSHD suggests some volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for GSHD suggests a possible start of a new trend. |
74.97
+1.53 (+2.08%)
GOOSEHEAD INSURANCE INC -A / GSHD FAQ
What is the technical rating for GSHD stock?
ChartMill assigns a technical rating of 3 / 10 to GSHD.
What is the current trend direction of GOOSEHEAD INSURANCE INC -A (GSHD) stock?
The current trend direction for GOOSEHEAD INSURANCE INC -A (GSHD) is Bearish.
What is the RSI signal for GOOSEHEAD INSURANCE INC -A (GSHD) stock?
GOOSEHEAD INSURANCE INC -A (GSHD) has an RSI value of 51.0089. This indicates that the stock is currently neutral.
What is the short term momentum for GOOSEHEAD INSURANCE INC -A (GSHD) stock?
The short term momentum for GOOSEHEAD INSURANCE INC -A (GSHD) is neutral.