GREENLAND TECHNOLOGIES HOLDI (GTEC) Stock Technical Analysis
NASDAQ:GTEC - Nasdaq - VGG4095T1075 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to GTEC. GTEC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
GTEC is one of the better performing stocks in the Machinery industry, it outperforms 85% of 128 stocks in the same industry.
GTEC has an average volume of 2010040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GTEC is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GTEC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GTEC is lagging the market slightly.
In the last month GTEC has a been trading in the 1.43 - 2.47 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.
Although GTEC has an excellent technical rating, it does not offer a high 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
1.54
2.85
When analyzing the support we notice one important area.
- Support @1.56 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.25 to 2.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.34 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.65 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.82 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.94
Mansfield0.03
10 Day High2.47
10 Day Low1.87
20 Day High2.47
20 Day Low1.43
52 Week High2.94
52 Week Low1.17
Performance
1 Week-7.48%
2 Weeks-2.46%
1 Month36.55%
3 Month7.61%
6 Month-10.41%
12 Month30.26%
2 Year11.86%
3 Year-47.2%
5 Year-5.71%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.73
LBB1.8
UBB2.36
1.98
-0.16 (-7.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-7.48%
1 Week-7.48%
2 Weeks-2.46%
1 Month36.55%
3 Month7.61%
6 Month-10.41%
12 Month30.26%
2 Year11.86%
3 Year-47.2%
5 Year-5.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%9.57%
ATR Inc-1.24%
Range Today0.22
ADR(20)0.19
ADR(20)%9.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.94
Mansfield0.03
10 Day High2.47
10 Day Low1.87
20 Day High2.47
20 Day Low1.43
52 Week High2.94
52 Week Low1.17
CS1 End1.56
CR1 Start2.25
Volume & EV
DER(3)-14.71%
DER(5)-8%
Volume145.50K
Volume Incr32.46%
Vol(5)253.48K
Vol(50)2.01M