GREENLAND TECHNOLOGIES HOLDI (GTEC) Stock Technical Analysis
USA - NASDAQ:GTEC - VGG4095T1075 - Common Stock
1.23 USD
+0.02 (+1.65%)
1.23 USD
0 (0%)
Taking everything into account, GTEC scores 0 out of 10 in our technical rating. GTEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than GTEC.
GTEC is part of the Machinery industry. There are 130 other stocks in this industry, of which 88% are performing better than GTEC.
GTEC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GTEC has a been trading in the 1.18 - 1.42 range, which is quite wide. It is currently trading near the lows of this range.
GTEC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for GTEC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.18
1.93
We found 1 important support area.
- A support zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.25 to 1.26. 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 1.39 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.66 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.90 to 1.91. 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 | DOWN | NEGATIVE | The long term trend for GTEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTEC is down. |
| ChartMill Relative Strength | 4.36 | NEGATIVE | GTEC has a low relative strength, it was outperformed by 95.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GTEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.75 | NEUTRAL | The RSI value for GTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GTEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.7 | OVERSOLD | The low Stochastics value suggests GTEC may be oversold. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for GTEC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.27 | NEUTRAL | The ADX value for GTEC suggests a possible start of a new 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)
1.23
+0.02 (+1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.65%
1 Week-1.6%
2 Weeks-8.21%
1 Month-11.51%
3 Month-31.28%
6 Month-25.9%
12 Month-53.58%
2 Year-54.61%
3 Year-45.33%
5 Year-32.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.29%
ATR Inc-45.79%
Range Today0.05
ADR(20)0.06
ADR(20)%5.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.36
Mansfield-3.93
10 Day High1.35
10 Day Low1.18
20 Day High1.42
20 Day Low1.18
52 Week High2.92
52 Week Low1.14
CS1 End1.2
CR1 Start1.25
Volume & EV
DER(3)-4.52%
DER(5)3.67%
Volume84.70K
Volume Incr-7.7%
Vol(5)150.40K
Vol(50)194.11K