GSR III ACQUISITION CORP (GSRT) Stock Technical Analysis
USA - NASDAQ:GSRT - KYG4R1031072 - Common Stock
10.38 USD
-0.01 (-0.1%)
10.3512 USD
-0.03 (-0.28%)
We assign a technical rating of 1 out of 10 to GSRT. GSRT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, GSRT is a bad performer in the overall market: 100% of all stocks are doing better.
GSRT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month GSRT has a been trading in a tight range between 10.33 and 10.48.
GSRT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.38, a Stop Loss order could be placed below this zone.
More info and screens
10.20
11.41
When analyzing the support we notice one important area.
- A support zone ranging from 10.30 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.42 to 10.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.99 to 11.30. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for GSRT is down. |
| 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) | DOWN | MIXED | The current price of GSRT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GSRT is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.88 | NEUTRAL | The RSI value for GSRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GSRT has a positive trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for GSRT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for GSRT suggests low volalility. |
| Average Directional Index/ADX (14) | 15.99 | NEGATIVE | The low ADX value for GSRT 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)
10.38
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.1%
1 Week0.29%
2 Weeks0.19%
1 Month-0.19%
3 Month-3.8%
6 Month3.8%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.51%
ATR Inc18.68%
Range Today0.06
ADR(20)0.05
ADR(20)%0.5%
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 High10.43
10 Day Low10.35
20 Day High10.48
20 Day Low10.33
52 Week HighN/A
52 Week LowN/A
CS1 End10.38
CR1 Start10.42
Volume & EV
DER(3)-1.21%
DER(5)-0.65%
Volume370.40K
Volume Incr10.38%
Vol(5)515.30K
Vol(50)636.20K