GRAYSCALE SOLANA STAKING ETF (GSOL) Technical Analysis
NYSEARCA:GSOL • US38965D1046
Current stock price
GSOL Technical Rating and Analysis
Overall GSOL gets a technical rating of 0 out of 10. GSOL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, GSOL is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month GSOL has a been trading in the 5.70 - 7.10 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- GSOL has an average volume of 1328400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
GSOL Weekly and Daily overview Charts
GSOL Setup Rating and Analysis
The technical rating of GSOL 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
GSOL Support and Resistance Analysis
5.61
When analyzing the support we notice one important area.
- Support @5.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.25 to 6.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.59 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
GSOL 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 | NEUTRAL | NEUTRAL | The long term trend for GSOL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GSOL is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GSOL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GSOL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GSOL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 38.41 | NEUTRAL | The RSI value for GSOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GSOL has a negative trend. |
| Stochastics (14,3) | 16.73 | OVERSOLD | The low Stochastics value suggests GSOL may be oversold. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for GSOL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.97 | NEGATIVE | The low ADX value for GSOL suggests a weak or negative trend. |
GSOL Chart- and CandleStick Pattern Analysis
GSOL Technicals: Chart, Performance Metrics, Trend & Indicators
5.87
-0.37 (-5.93%)
GRAYSCALE SOLANA STAKING ETF / GSOL TA FAQ
Can you provide the ChartMill technical rating for GRAYSCALE SOLANA STAKING ETF?
ChartMill assigns a technical rating of 0 / 10 to GSOL.
What is the trend direction for GSOL stock?
The current trend direction for GRAYSCALE SOLANA STAKING ETF (GSOL) is Bearish.
What is the RSI signal for GSOL stock?
GRAYSCALE SOLANA STAKING ETF (GSOL) has an RSI value of 38.41. This indicates that the stock is currently neutral.
What is the MACD signal for GSOL stock?
The MACD indicator for GRAYSCALE SOLANA STAKING ETF (GSOL) has a value of -0.0381761, indicating a bearish trend.
What is the short term momentum for GSOL stock?
The short term momentum for GRAYSCALE SOLANA STAKING ETF (GSOL) is negative.