GRAPHJET TECHNOLOGY (GTI) Technical Analysis
NASDAQ:GTI • KYG304491395
Current stock price
2.7 USD
-1.19 (-30.59%)
At close:
2.41 USD
-0.29 (-10.74%)
After Hours:
GTI Technical Rating and Analysis
Overall GTI gets a technical rating of 0 out of 10. 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 part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 93% are performing better than GTI.
- GTI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GTI is lagging the market.
- 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
6.50
When analyzing the resistance we notice 4 important 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
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)
GTI Technicals: Chart, Performance Metrics, Trend & Indicators
2.7
-1.19 (-30.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-30.59%
1 Week-35.87%
2 Weeks-41.3%
1 Month-46.22%
3 Month-51.19%
6 Month-65.65%
12 Month-98.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%15.58%
ATR Inc213.02%
Range Today0.9
ADR(20)0.38
ADR(20)%14.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.12
3 months CRS3.47
6 months CRS2.67
Mansfield-8.81
10 Day High4.62
10 Day Low2.42
20 Day High5.45
20 Day Low2.42
52 Week High210
52 Week Low2.42
CS1 EndN/A
CR1 Start3.95
Volume & EV
DER(3)-15.33%
DER(5)-22.51%
Volume990.70K
Volume Incr17.55%
Vol(5)221.82K
Vol(50)152.92K
GRAPHJET TECHNOLOGY / GTI TA FAQ
What is the technical rating for GTI stock?
ChartMill assigns a technical rating of 0 / 10 to GTI.
What is the trend direction for GTI stock?
The current trend direction for GRAPHJET TECHNOLOGY (GTI) is Bearish.
What is the RSI signal for GRAPHJET TECHNOLOGY (GTI) stock?
GRAPHJET TECHNOLOGY (GTI) has an RSI value of 30.2295. This indicates that the stock is currently neutral.
What is the short term momentum for GRAPHJET TECHNOLOGY (GTI) stock?
The short term momentum for GRAPHJET TECHNOLOGY (GTI) is negative.
Can you provide the support and resistance levels for GRAPHJET TECHNOLOGY?
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.