FERROGLOBE PLC (GSM) Stock Technical Analysis
USA - NASDAQ:GSM - GB00BYW6GV68 - Common Stock
5.04 USD
+0.5 (+11.01%)
5.05 USD
+0.01 (+0.2%)
We assign a technical rating of 8 out of 10 to GSM. Although GSM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
GSM is part of the Metals & Mining industry. There are 156 other stocks in this industry, of which 67% are performing better than GSM.
The long and short term trends are both positive. This is looking good!
GSM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GSM has a been trading in the 4.06 - 5.10 range, which is quite wide. It is currently trading near the high of this range.
GSM has an average volume of 1164400 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 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GSM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.04
5.09
2 important support areas can be observed.
- A support zone ranging from 4.25 to 4.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.08 to 4.13. This zone is formed by a combination of multiple trend lines 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 | 72.68 | POSITIVE | GSM has a high relative strength, it outperformed 72.68% 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) | 75.3 | OVERBOUGHT | The high RSI value suggests GSM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GSM has a positive trend. |
| Stochastics (14,3) | 90.28 | OVERBOUGHT | The high Stochastics value suggests GSM may be overbought. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for GSM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for GSM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.04
+0.5 (+11.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg11.01%
1 Week16.94%
2 Weeks20.29%
1 Month17.76%
3 Month15.6%
6 Month50.45%
12 Month10.28%
2 Year10.77%
3 Year-13.55%
5 Year716.33%
10 Year-60.06%
15 Year-67.57%
Volatility
ATR(14)0.19
ATR(20)%3.48%
ATR Inc153.33%
Range Today0.57
ADR(20)0.18
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.68
Mansfield1.2
10 Day High5.1
10 Day Low4.1
20 Day High5.1
20 Day Low4.06
52 Week High5.1
52 Week Low2.97
CS1 End4.31
CR1 StartN/A
Volume & EV
DER(3)2.71%
DER(5)4.61%
Volume2.80M
Volume Incr66.27%
Vol(5)1.44M
Vol(50)1.16M