GRAPHJET TECHNOLOGY (GTI) Technical Analysis
NASDAQ:GTI • KYG304491395
Current stock price
GTI Technical Rating and Analysis
Taking everything into account, GTI scores 0 out of 10 in our technical rating. GTI'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GTI is a bad performer in the overall market: 99% of all stocks are doing better.
- GTI is one of the lesser performing stocks in the Electrical Equipment industry. 90% of 92 stocks in the same industry do better.
- GTI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month GTI has a been trading in the 2.42 - 5.45 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
GTI Weekly and Daily overview Charts
GTI Setup Rating and Analysis
The technical rating of GTI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GTI Support and Resistance Analysis
2.67
We can see 4 important resistance areas.
- A resistance zone ranging from 3.95 to 3.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.28 to 4.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.72 from a trend line in the daily time frame.
- Resistance @6.44 from a horizontal line in the daily time frame.
GTI 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 GTI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTI is down. |
| ChartMill Relative Strength | 1.12 | NEGATIVE | GTI has a low relative strength, it was outperformed by 98.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GTI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.23 | NEUTRAL | The RSI value for GTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests GTI has a negative trend. |
| Stochastics (14,3) | 18.02 | OVERSOLD | The low Stochastics value suggests GTI may be oversold. |
| Average True Range in percent/ATR (20) | 15.58 | HIGH VOLATILITY | The high ATR as a percentage value for GTI suggests high volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for GTI suggests a weak or negative trend. |
GTI Chart- and CandleStick Pattern Analysis
GTI Technicals: Chart, Performance Metrics, Trend & Indicators
2.7
-1.19 (-30.59%)
GRAPHJET TECHNOLOGY / GTI TA FAQ
What is the technical rating for GTI stock?
ChartMill assigns a technical rating of 0 / 10 to GTI.
Can you provide the trend direction for GRAPHJET TECHNOLOGY?
The current trend direction for GRAPHJET TECHNOLOGY (GTI) is Bearish.
Can you provide the RSI signal for GRAPHJET TECHNOLOGY?
GRAPHJET TECHNOLOGY (GTI) has an RSI value of 30.2295. This indicates that the stock is currently neutral.
What is the buy/sell signal for GTI stock?
The buy/sell signal for GRAPHJET TECHNOLOGY (GTI) is sell as both the short term and long term trends are negative.
What is the support and resistance level for GTI stock?
GRAPHJET TECHNOLOGY (GTI) has a resistance level at 3.95. Check the full technical report for our detailed analysis of GTI support and resistance levels.