GREENSKY INC-CLASS A (GSKY) Technical Analysis
NASDAQ:GSKY
Current stock price
GSKY Technical Rating and Analysis
Taking everything into account, GSKY scores 4 out of 10 in our technical rating. Although GSKY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- GSKY is one of the better performing stocks in the IT Services industry, it outperforms 92% of 89 stocks in the same industry.
- In the last month GSKY has a been trading in the 9.13 - 10.30 range, which is quite wide. It is currently trading near the high of this range.
- GSKY has an average volume of 2292190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, GSKY did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- GSKY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GSKY is lagging the market.
- Volume is considerably higher in the last couple of days.
GSKY Weekly and Daily overview Charts
GSKY Setup Rating and Analysis
Although the technical rating is only medium, GSKY does present a nice setup opportunity. 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 10.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GSKY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GSKY Support and Resistance Analysis
7.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.77 to 10.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.51 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.27 from a horizontal line in the daily time frame.
- Support @7.52 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.21 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.40 from a trend line in the weekly time frame.
- Resistance @11.60 from a trend line in the daily time frame.
- Resistance @12.22 from a horizontal line in the daily time frame.
GSKY 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 | NEUTRAL | NEUTRAL | The long term trend for GSKY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSKY is neutral. |
| ChartMill Relative Strength | 92.82 | POSITIVE | GSKY has a high relative strength, it outperformed 92.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSKY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GSKY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSKY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.87 | NEUTRAL | The RSI value for GSKY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GSKY has a positive trend. |
| Stochastics (14,3) | 85.4 | OVERBOUGHT | The high Stochastics value suggests GSKY may be overbought. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for GSKY suggests some volalility. |
GSKY Chart- and CandleStick Pattern Analysis
GSKY Technicals: Chart, Performance Metrics, Trend & Indicators
10.2
+0.16 (+1.59%)
GREENSKY INC-CLASS A / GSKY TA FAQ
What is the ChartMill technical rating of GREENSKY INC-CLASS A (GSKY) stock?
ChartMill assigns a technical rating of 3 / 10 to GSKY.
What is the trend direction for GSKY stock?
The current trend direction for GREENSKY INC-CLASS A (GSKY) is Bearish.
What is the RSI signal for GSKY stock?
GREENSKY INC-CLASS A (GSKY) has an RSI value of 54.8723. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GREENSKY INC-CLASS A?
The MACD indicator for GREENSKY INC-CLASS A (GSKY) has a value of 0.0844865, indicating a bearish trend.
What are the support and resistance levels for GREENSKY INC-CLASS A (GSKY) stock?
GREENSKY INC-CLASS A (GSKY) has a support level at 10.18 and a resistance level at 10.21. Check the full technical report for our detailed analysis of GSKY support and resistance levels.