Overall GTEC gets a technical rating of 2 out of 10. 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.
- 93% of all other stocks performed better in the past year than GTEC.
- GTEC is one of the lesser performing stocks in the Machinery industry. 86% of 132 stocks in the same industry do better.
- GTEC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- In the last month GTEC has a been trading in the 0.60 - 1.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
0.89
We found 1 important resistance area.
- Resistance @1.43 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for GTEC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTEC is down. |
| ChartMill Relative Strength | 7.4 | NEGATIVE | GTEC has a low relative strength, it was outperformed by 92.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GTEC is below the rising 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) | 44.52 | NEUTRAL | The RSI value for GTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GTEC has a negative trend. |
| Stochastics (14,3) | 10.62 | OVERSOLD | The low Stochastics value suggests GTEC may be oversold. |
| Average True Range in percent/ATR (20) | 22.87 | HIGH VOLATILITY | The high ATR as a percentage value for GTEC suggests high volalility. |
| Average Directional Index/ADX (14) | 27.15 | POSITIVE | The high ADX value value for GTEC suggests a strong trend. |
0.9001
-0.06 (-6.73%)
GREENLAND TECHNOLOGIES HOLDI / GTEC FAQ
Can you provide the ChartMill technical rating for GREENLAND TECHNOLOGIES HOLDI?
ChartMill assigns a technical rating of 2 / 10 to GTEC.
What is the current trend direction of GREENLAND TECHNOLOGIES HOLDI (GTEC) stock?
The current trend direction for GREENLAND TECHNOLOGIES HOLDI (GTEC) is Bearish.
Can you provide the RSI signal for GREENLAND TECHNOLOGIES HOLDI?
GREENLAND TECHNOLOGIES HOLDI (GTEC) has an RSI value of 44.5151. This indicates that the stock is currently neutral.
What is the MACD signal for GREENLAND TECHNOLOGIES HOLDI (GTEC) stock?
The MACD indicator for GREENLAND TECHNOLOGIES HOLDI (GTEC) has a value of -0.0286119, indicating a bearish trend.