We assign a technical rating of 9 out of 10 to GSM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GSM is showing a nice and steady performance.
- GSM is one of the lesser performing stocks in the Metals & Mining industry. 69% of 157 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- GSM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GSM is lagging the market slightly.
- In the last month GSM has a been trading in the 4.71 - 5.44 range, which is quite wide. It is currently trading near the high of this range.
- GSM has an average volume of 1058720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, GSM did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although GSM 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.
More info and screens
3.83
3 important support areas can be observed.
- A support zone ranging from 4.74 to 4.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.08 from a trend line in the weekly time frame.
- Support @3.87 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 | UP | POSITIVE | The short term trend for GSM is up. |
| ChartMill Relative Strength | 88.49 | POSITIVE | GSM has a high relative strength, it outperformed 88.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSM is above 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) | 62.8 | NEUTRAL | The RSI value for GSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GSM has a positive trend. |
| Stochastics (14,3) | 79.56 | NEUTRAL | The Stochastics value for GSM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for GSM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.18 | 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 |
|---|---|---|---|
| 5.45 | 4.71 | 0.75 (13.67%) | 7.32% |
| An entry @5.45. This is a Buy Stop order right above the 10 day high. | An exit @4.71. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.75 points, which is 13.67%. | For a 1.00% total portfolio risk, you can invest 7.32% of your capital in this trade. |
- 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.
5.33
+0.16 (+3.09%)
FERROGLOBE PLC / GSM FAQ
What is the technical rating for GSM stock?
ChartMill assigns a technical rating of 9 / 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 62.8037. 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 0.0178819, indicating a bearish trend.
What is the short term momentum for FERROGLOBE PLC (GSM) stock?
The short term momentum for FERROGLOBE PLC (GSM) is positive.