GSR III ACQUISITION CORP (GSRT) Stock Technical Analysis
NASDAQ:GSRT - Nasdaq - KYG4R1031072 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to GSRT. Although GSRT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than GSRT.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month GSRT has a been trading in the 10.46 - 11.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GSRT has an average volume of 1011780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is only medium, GSRT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 10.81, a Stop Loss order could be placed below this zone.
More info and screens
10.33
10.88
We found 1 important support area.
- A support zone ranging from 10.43 to 10.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 GSRT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSRT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | GSRT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GSRT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSRT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.6 | NEUTRAL | The RSI value for GSRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GSRT has a negative trend. |
| Stochastics (14,3) | 22 | NEUTRAL | The Stochastics value for GSRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for GSRT suggests some volalility. |
| Average Directional Index/ADX (14) | 49.07 | POSITIVE | The high ADX value value for GSRT suggests a strong 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)
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 |
|---|---|---|---|
| 10.93 | 10.62 | 0.31 (2.85%) | 25.00% |
| An entry @10.93. This is a Buy Stop order right above the 10 day moving average. | An exit @10.62. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 2.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- The distance between exit and entry is rather small compared to the average daily movement of GSRT. Please evaluate whether better entry and exit points can be found.
- 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.
10.77
-0.03 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week0.65%
2 Weeks-2%
1 Month1.03%
3 Month7.44%
6 Month8.9%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.61%
ATR Inc-47.12%
Range Today0.15
ADR(20)0.27
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High11.49
10 Day Low10.63
20 Day High11.49
20 Day Low10.46
52 Week HighN/A
52 Week LowN/A
CS1 End10.81
CR1 StartN/A
Volume & EV
DER(3)0.62%
DER(5)-1.99%
Volume502.60K
Volume Incr-38%
Vol(5)838.10K
Vol(50)1.01M