ZOOMINFO TECHNOLOGIES INC (GTM) Stock Technical Analysis
USA - NASDAQ:GTM - US98980F1049 - Common Stock
11.83 USD
-0.31 (-2.55%)
11.83 USD
0 (0%)
Taking everything into account, GTM scores 6 out of 10 in our technical rating. In the last year, GTM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, GTM is a bad performer in the overall market: 100% of all stocks are doing better.
GTM is one of the lesser performing stocks in the Interactive Media & Services industry. 91% of 69 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
GTM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GTM has an average volume of 4697220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GTM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
9.23
11.95
We found 4 important support areas.
- Support @10.50 from a trend line in the daily time frame.
- A support zone ranging from 10.09 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.66 from a horizontal line in the daily time frame.
- Support @9.32 from a horizontal 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 | UP | POSITIVE | The long term trend for GTM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GTM is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GTM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GTM is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.52 | NEUTRAL | The RSI value for GTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GTM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.16 | NEUTRAL | The Stochastics value for GTM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for GTM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.58 | NEUTRAL | The ADX value for GTM suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.52 | 10.34 | 2.18 (17.41%) | 5.74% |
| An entry @12.52. This is a Buy Stop order right above the 10 day high. | An exit @10.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.18 points, which is 17.41%. | For a 1.00% total portfolio risk, you can invest 5.74% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.83
-0.31 (-2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-2.55%
1 Week1.46%
2 Weeks15.64%
1 Month17.13%
3 Month20.71%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%4.15%
ATR Inc-34.62%
Range Today0.45
ADR(20)0.46
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.51
10 Day Low10.35
20 Day High12.51
20 Day Low10.03
52 Week HighN/A
52 Week LowN/A
CS1 End10.5
CR1 StartN/A
Volume & EV
DER(3)0.01%
DER(5)-0.42%
Volume10.72M
Volume Incr44.06%
Vol(5)5.85M
Vol(50)4.70M