Global Telcom & Technology Inc (GTT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GTT -
Overall GTT gets a technical rating of 4 out of 10. In the past year, GTT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, GTT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.99
We found 1 important support area.
- A support zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- Resistance @3.00 from a trend line in the daily time frame.
- Resistance @3.12 from a trend line in the daily time frame.
- Resistance @3.27 from a trend line in the weekly 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 GTT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GTT is up. |
| ChartMill Relative Strength | 5.33 | NEGATIVE | GTT has a low relative strength, it was outperformed by 94.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GTT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.29 | NEUTRAL | The RSI value for GTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GTT has a negative trend. |
| Stochastics (14,3) | 34.87 | NEUTRAL | The Stochastics value for GTT is a neutral value. |
| Average True Range in percent/ATR (20) | 17.44 | HIGH VOLATILITY | The high ATR as a percentage value for GTT suggests high volalility. |
2.36
-0.07 (-2.88%)
Global Telcom & Technology Inc / GTT FAQ
What is the ChartMill technical rating of Global Telcom & Technology Inc (GTT) stock?
ChartMill assigns a technical rating of 4 / 10 to GTT.
What is the trend direction for GTT stock?
The current trend direction for Global Telcom & Technology Inc (GTT) is Bearish.
What is the RSI signal for Global Telcom & Technology Inc (GTT) stock?
Global Telcom & Technology Inc (GTT) has an RSI value of 50.2902. This indicates that the stock is currently neutral.
What is the short term momentum for Global Telcom & Technology Inc (GTT) stock?
The short term momentum for Global Telcom & Technology Inc (GTT) is positive.
What is the support and resistance level for GTT stock?
Global Telcom & Technology Inc (GTT) has a support level at 2.04 and a resistance level at 3. Check the full technical report for our detailed analysis of GTT support and resistance levels.