GLORY STAR NEW MEDIA GROUP H (GSMG) Technical Analysis
NASDAQ:GSMG • KYG399731051
Current stock price
0.405 USD
+0.06 (+15.95%)
At close:
0.488 USD
+0.08 (+20.49%)
After Hours:
GSMG Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to GSMG. GSMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, GSMG is a bad performer in the overall market: 91% of all stocks are doing better.
- GSMG is one of the lesser performing stocks in the Interactive Media & Services industry. 64% of 69 stocks in the same industry do better.
- GSMG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GSMG is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month GSMG has a been trading in the 0.32 - 0.42 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GSMG Weekly and Daily overview Charts
GSMG Setup Rating and Analysis
The technical rating of GSMG is bad and it also does not present a quality setup 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
GSMG Support and Resistance Analysis
0.40
0.57
4 important resistance areas can be observed.
- Resistance @0.46 from a trend line in the daily time frame.
- Resistance @0.48 from a trend line in the daily time frame.
- Resistance @0.49 from a trend line in the weekly time frame.
- Resistance @0.56 from a horizontal line in the daily time frame.
GSMG 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 GSMG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSMG is neutral. |
| ChartMill Relative Strength | 9.83 | NEGATIVE | GSMG has a low relative strength, it was outperformed by 90.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSMG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GSMG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GSMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.08 | NEUTRAL | The RSI value for GSMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GSMG has a positive trend. |
| Stochastics (14,3) | 64.04 | NEUTRAL | The Stochastics value for GSMG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.8 | HIGH VOLATILITY | The high ATR as a percentage value for GSMG suggests high volalility. |
| Average Directional Index/ADX (14) | 13.44 | NEGATIVE | The low ADX value for GSMG suggests a weak or negative trend. |
GSMG Chart- and CandleStick Pattern Analysis
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)
GSMG Technicals: Chart, Performance Metrics, Trend & Indicators
0.405
+0.06 (+15.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg15.95%
1 Week17.7%
2 Weeks18.32%
1 Month17.26%
3 Month-17.43%
6 Month-37.69%
12 Month-73%
2 Year-70.65%
3 Year-84.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%6.8%
ATR Inc91.06%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.83
3 months CRSN/A
6 months CRSN/A
Mansfield-4.9
10 Day High0.42
10 Day Low0.33
20 Day High0.42
20 Day Low0.32
52 Week High1.52
52 Week Low0.32
CS1 EndN/A
CR1 Start0.46
Volume & EV
DER(3)11.25%
DER(5)13.4%
Volume384.90K
Volume Incr85%
Vol(5)89.90K
Vol(50)144.39K
GLORY STAR NEW MEDIA GROUP H / GSMG TA FAQ
What is the technical rating for GSMG stock?
ChartMill assigns a technical rating of 1 / 10 to GSMG.
What is the trend direction for GSMG stock?
The current trend direction for GLORY STAR NEW MEDIA GROUP H (GSMG) is Bearish.
What is the RSI signal for GLORY STAR NEW MEDIA GROUP H (GSMG) stock?
GLORY STAR NEW MEDIA GROUP H (GSMG) has an RSI value of 67.0779. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLORY STAR NEW MEDIA GROUP H?
The MACD indicator for GLORY STAR NEW MEDIA GROUP H (GSMG) has a value of 0.00723532, indicating a bearish trend.