FERROGLOBE PLC (GSM) Technical Analysis
NASDAQ:GSM • GB00BYW6GV68
Current stock price
GSM Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to GSM. GSM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- GSM is part of the Metals & Mining industry. There are 160 other stocks in this industry, of which 72% are performing better than GSM.
- GSM has an average volume of 1352770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, GSM turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- 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 3.69 - 4.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GSM Weekly and Daily overview Charts
GSM Setup Rating and Analysis
Although the technical rating is bad, GSM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.16, a Stop Loss order could be placed below this zone.
More info and screens
GSM Support and Resistance Analysis
3.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.14 to 4.16. 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 3.71 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.26 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.75 from a horizontal line in the daily time frame.
- Resistance @5.21 from a trend line in the weekly time frame.
- Resistance @5.31 from a horizontal line in the daily time frame.
- Resistance @5.56 from a horizontal line in the daily time frame.
GSM 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 | DOWN | NEGATIVE | The long term trend for GSM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GSM is down. |
| ChartMill Relative Strength | 52.38 | NEUTRAL | GSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GSM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GSM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GSM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.36 | NEUTRAL | The RSI value for GSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GSM has a positive trend. |
| Stochastics (14,3) | 61.23 | NEUTRAL | The Stochastics value for GSM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for GSM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for GSM suggests a weak or negative trend. |
GSM Chart- and CandleStick Pattern Analysis
GSM Technicals: Chart, Performance Metrics, Trend & Indicators
4.25
+0.02 (+0.47%)
FERROGLOBE PLC / GSM TA FAQ
What is the technical rating for GSM stock?
ChartMill assigns a technical rating of 1 / 10 to GSM.
Can you provide the trend direction for FERROGLOBE PLC?
The current trend direction for FERROGLOBE PLC (GSM) is Bearish.
What is the RSI signal for FERROGLOBE PLC (GSM) stock?
FERROGLOBE PLC (GSM) has an RSI value of 47.3602. This indicates that the stock is currently neutral.
What is the MACD signal for FERROGLOBE PLC (GSM) stock?
The MACD indicator for FERROGLOBE PLC (GSM) has a value of 0.0447377, indicating a bearish trend.
Can you provide the support and resistance levels for FERROGLOBE PLC?
FERROGLOBE PLC (GSM) has a support level at 4.16 and a resistance level at 4.26. Check the full technical report for our detailed analysis of GSM support and resistance levels.