USA - NASDAQ:GSIT - US36241U1060 - Common Stock
Overall GSIT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GSIT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GSIT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
2.94
We found 3 important support 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 GSIT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSIT is neutral. |
| ChartMill Relative Strength | 98.65 | POSITIVE | GSIT has a high relative strength, it outperformed 98.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GSIT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSIT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSIT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.8 | NEUTRAL | The RSI value for GSIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests GSIT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.5 | OVERSOLD | The low Stochastics value suggests GSIT may be oversold. |
| Average True Range in percent/ATR (20) | 28.78 | HIGH VOLATILITY | The high ATR as a percentage value for GSIT suggests high volalility. |
| Average Directional Index/ADX (14) | 46.24 | POSITIVE | The high ADX value value for GSIT suggests a strong trend. |
8.36
+0.37 (+4.63%)
ChartMill assigns a technical rating of 9 / 10 to GSIT.
The current trend direction for GSI TECHNOLOGY INC (GSIT) is Bullish.
GSI TECHNOLOGY INC (GSIT) has an RSI value of 50.797. This indicates that the stock is currently neutral.
The MACD indicator for GSI TECHNOLOGY INC (GSIT) has a value of -0.458129, indicating a bearish trend.
The short term momentum for GSI TECHNOLOGY INC (GSIT) is neutral.