GREENLAND TECHNOLOGIES-A (GTEC) Technical Analysis
NASDAQ:GTEC • VGG4095T1075
Current stock price
GTEC Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than GTEC.
- GTEC is part of the Machinery industry. There are 131 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 0.64 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GTEC Weekly and Daily overview Charts
GTEC Setup Rating and Analysis
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
GTEC Support and Resistance Analysis
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We found 1 important support area.
- Support @0.67 from a trend line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 0.69 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.89 from a trend line in the weekly time frame.
- Resistance @1.15 from a trend line in the weekly time frame.
- Resistance @1.24 from a trend line in the daily time frame.
GTEC 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 | 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 | 5.37 | NEGATIVE | GTEC has a low relative strength, it was outperformed by 94.63% 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) | 43.68 | NEUTRAL | The RSI value for GTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GTEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.44 | NEUTRAL | The Stochastics value for GTEC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.3 | HIGH VOLATILITY | The high ATR as a percentage value for GTEC suggests high volalility. |
| Average Directional Index/ADX (14) | 10.84 | NEGATIVE | The low ADX value for GTEC suggests a weak or negative trend. |
GTEC Chart- and CandleStick Pattern Analysis
GTEC Technicals: Chart, Performance Metrics, Trend & Indicators
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GREENLAND TECHNOLOGIES-A / GTEC TA FAQ
Can you provide the ChartMill technical rating for GREENLAND TECHNOLOGIES-A?
ChartMill assigns a technical rating of 0 / 10 to GTEC.
What is the current trend direction of GREENLAND TECHNOLOGIES-A (GTEC) stock?
The current trend direction for GREENLAND TECHNOLOGIES-A (GTEC) is Bearish.
What is the RSI signal for GREENLAND TECHNOLOGIES-A (GTEC) stock?
GREENLAND TECHNOLOGIES-A (GTEC) has an RSI value of 43.68. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GREENLAND TECHNOLOGIES-A?
The short term momentum for GREENLAND TECHNOLOGIES-A (GTEC) is negative.
What is the buy/sell signal for GTEC stock?
The buy/sell signal for GREENLAND TECHNOLOGIES-A (GTEC) is sell as both the short term and long term trends are negative.