Taking everything into account, GSM scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, GSM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- GSM is one of the lesser performing stocks in the Metals & Mining industry. 81% of 154 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, GSM did better than 73% of all other stocks.
- GSM has an average volume of 1275360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GSM is lagging the market.
- In the last month GSM has a been trading in the 4.53 - 5.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GSM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.87, a Stop Loss order could be placed below this zone.
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3.81
We found 4 important support areas.
- A support zone ranging from 4.87 to 4.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.66 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.04 from a trend line in the weekly time frame.
- Support @3.85 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @5.18 from a horizontal line in the weekly time frame.
- Resistance @5.27 from a trend line in the daily time frame.
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 GSM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSM is neutral. |
| ChartMill Relative Strength | 73.15 | POSITIVE | GSM has a high relative strength, it outperformed 73.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GSM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.96 | NEUTRAL | The RSI value for GSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GSM has a negative trend. |
| Stochastics (14,3) | 27.74 | NEUTRAL | The Stochastics value for GSM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for GSM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.32 | NEGATIVE | The low ADX value for GSM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.19 | 4.86 | 0.33 (6.36%) | 15.73% |
| An entry @5.19. This is a Buy Stop order right above the resistance zone. | An exit @4.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.33 points, which is 6.36%. | When investing 15.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of GSM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.88
-0.01 (-0.2%)
FERROGLOBE PLC / GSM FAQ
What is the technical rating for GSM stock?
ChartMill assigns a technical rating of 8 / 10 to GSM.
What is the trend direction for GSM stock?
The current trend direction for FERROGLOBE PLC (GSM) is Bullish.
What is the RSI signal for GSM stock?
FERROGLOBE PLC (GSM) has an RSI value of 49.9619. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FERROGLOBE PLC?
The MACD indicator for FERROGLOBE PLC (GSM) has a value of -0.0354034, indicating a bearish trend.
What is the short term momentum for FERROGLOBE PLC (GSM) stock?
The short term momentum for FERROGLOBE PLC (GSM) is neutral.