GTY Technology Holdings Inc (GTYH) Technical Analysis
NASDAQ:GTYH • US3624091043
Current stock price
GTYH Technical Rating and Analysis
Overall GTYH gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GTYH has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- GTYH is part of the Software industry. There are 278 other stocks in this industry. GTYH outperforms 98% of them.
- In the last month GTYH has a been trading in the 5.93 - 6.31 range, which is quite wide. It is currently trading near the high of this range.
- GTYH has an average volume of 1288920 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 GTYH is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- GTYH 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 GTYH is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
GTYH Weekly and Daily overview Charts
GTYH Setup Rating and Analysis
Although GTYH has an excellent technical rating, the quality of the presented setup is not ideal 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
GTYH Support and Resistance Analysis
5.66
When analyzing the support we notice one important area.
- A support zone ranging from 5.72 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.31 to 6.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.19 from a horizontal line in the weekly time frame.
GTYH 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 | UP | POSITIVE | The long term trend for GTYH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GTYH is up. |
| ChartMill Relative Strength | 98.64 | POSITIVE | GTYH has a high relative strength, it outperformed 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTYH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GTYH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GTYH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.5 | OVERBOUGHT | The high RSI value suggests GTYH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GTYH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 98.22 | OVERBOUGHT | The high Stochastics value suggests GTYH may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for GTYH suggests low volalility. |
GTYH Chart- and CandleStick Pattern Analysis
GTYH Example Setup
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 |
|---|---|---|---|
| 6.32 | 6.01 | 0.31 (4.91%) | 20.39% |
| An entry @6.32. This is a Buy Stop order right above the resistance zone. | An exit @6.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.31 points, which is 4.91%. | When investing 20.39% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
GTYH Technicals: Chart, Performance Metrics, Trend & Indicators
6.3
+0.01 (+0.16%)
GTY Technology Holdings Inc / GTYH TA FAQ
Can you provide the ChartMill technical rating for GTY Technology Holdings Inc?
ChartMill assigns a technical rating of 8 / 10 to GTYH.
Can you provide the trend direction for GTY Technology Holdings Inc?
The current trend direction for GTY Technology Holdings Inc (GTYH) is Bullish.
What is the RSI signal for GTY Technology Holdings Inc (GTYH) stock?
GTY Technology Holdings Inc (GTYH) has an RSI value of 73.4971. This indicates that the stock is currently overbought.
Can you provide the MACD signal for GTY Technology Holdings Inc?
The MACD indicator for GTY Technology Holdings Inc (GTYH) has a value of -0.018925, indicating a bearish trend.
What is the buy/sell signal for GTY Technology Holdings Inc (GTYH) stock?
The buy/sell signal for GTY Technology Holdings Inc (GTYH) is buy as both the short term and long term trends are positive.