Overall GTEC gets a technical rating of 0 out of 10. 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.
The technical rating of GTEC is bad and it also does not present a quality setup 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.
0.98
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for GTEC is neutral. |
| ChartMill Relative Strength | 9.19 | NEGATIVE | GTEC has a low relative strength, it was outperformed by 90.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GTEC is above 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) | 54.38 | NEUTRAL | The RSI value for GTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GTEC has a positive trend. |
| Stochastics (14,3) | 63.65 | NEUTRAL | The Stochastics value for GTEC is a neutral value. |
| Average True Range in percent/ATR (20) | 10.61 | HIGH VOLATILITY | The high ATR as a percentage value for GTEC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.79 | POSITIVE | The high ADX value value for GTEC suggests a strong trend. |
0.9874
-0.07 (-6.85%)
ChartMill assigns a technical rating of 0 / 10 to GTEC.
The current trend direction for GREENLAND TECHNOLOGIES HOLDI (GTEC) is Bearish.
GREENLAND TECHNOLOGIES HOLDI (GTEC) has an RSI value of 54.3843. This indicates that the stock is currently neutral.
The MACD indicator for GREENLAND TECHNOLOGIES HOLDI (GTEC) has a value of 0.026764, indicating a bearish trend.