Overall GSHD gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GSHD was also a bad performer in the overall market in the last year.
GSHD 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. There is a resistance zone just above the current price starting at 71.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 70.45, 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
64.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 66.81 to 70.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @65.20 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 71.56 to 71.75. 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 | UP | POSITIVE | The short term trend for GSHD is up. |
| ChartMill Relative Strength | 10.74 | NEGATIVE | GSHD has a low relative strength, it was outperformed by 89.26% 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) | DOWN | MIXED | The current price of GSHD is above a declining 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) | 54.79 | NEUTRAL | The RSI value for GSHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests GSHD has a positive trend. |
| Stochastics (14,3) | 76.09 | NEUTRAL | The Stochastics value for GSHD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for GSHD suggests some volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for GSHD suggests a weak or negative trend. |
71.55
-0.2 (-0.28%)
GOOSEHEAD INSURANCE INC -A / GSHD FAQ
What is the technical rating for GSHD stock?
ChartMill assigns a technical rating of 2 / 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 54.7868. 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 positive.
What is the buy/sell signal for GOOSEHEAD INSURANCE INC -A (GSHD) stock?
The buy/sell signal for GOOSEHEAD INSURANCE INC -A (GSHD) is hold as the short term and long term trends are mixed.