GREENLAND TECHNOLOGIES HOLDI (GTEC) Stock Technical Analysis
USA - NASDAQ:GTEC - VGG4095T1075 - Common Stock
We assign a technical rating of 0 out of 10 to GTEC. GTEC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
GTEC has a poor technical rating and the quality of the setup is also not perfect 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
1.14
4 important resistance areas can be observed.
- A resistance zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.42 from a horizontal line in the daily time frame.
- Resistance @1.63 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.86 to 1.88. 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 | 4.7 | NEGATIVE | GTEC has a low relative strength, it was outperformed by 95.3% 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) | 37.64 | NEUTRAL | The RSI value for GTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GTEC has a negative trend. |
| Stochastics (14,3) | 25.47 | NEUTRAL | The Stochastics value for GTEC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for GTEC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.77 | POSITIVE | The high ADX value value for GTEC suggests a strong trend. |
1.15
-0.03 (-2.54%)
GREENLAND TECHNOLOGIES HOLDI / GTEC FAQ
Can you provide the ChartMill technical rating for GREENLAND TECHNOLOGIES HOLDI?
ChartMill assigns a technical rating of 0 / 10 to GTEC.
What is the trend direction for GTEC stock?
The current trend direction for GREENLAND TECHNOLOGIES HOLDI (GTEC) is Bearish.
What is the RSI signal for GTEC stock?
GREENLAND TECHNOLOGIES HOLDI (GTEC) has an RSI value of 37.6378. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GREENLAND TECHNOLOGIES HOLDI?
The short term momentum for GREENLAND TECHNOLOGIES HOLDI (GTEC) is negative.
What is the support and resistance level for GTEC stock?
GREENLAND TECHNOLOGIES HOLDI (GTEC) has a resistance level at 1.22. Check the full technical report for our detailed analysis of GTEC support and resistance levels.