GTY Technology Holdings Inc (GTYH) Stock Technical Analysis
NASDAQ:GTYH - Nasdaq - US3624091043 - Common Stock
We assign a technical rating of 9 out of 10 to GTYH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GTYH is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
GTYH is part of the Software industry. There are 282 other stocks in this industry. GTYH outperforms 96% 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 currently trading near new highs, so GTYH is lagging the market.
Considerably lower volume is observed in the last couple of days.
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
5.66
8.27
We found 1 important support 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.
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. |
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 |
|---|---|---|---|
| 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 trade has a worst case loss of 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.
6.3
+0.01 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.16%
1 Week0.96%
2 Weeks4.3%
1 Month2.61%
3 Month91.49%
6 Month0.48%
12 Month-10.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.33%
ATR Inc-79.86%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.64
Mansfield1.92
10 Day High6.31
10 Day Low6.02
20 Day High6.31
20 Day Low5.93
52 Week High8.09
52 Week Low2.51
CS1 End5.8
CR1 Start6.31
Volume & EV
DER(3)-0.81%
DER(5)1.16%
Volume1.11M
Volume Incr0.41%
Vol(5)669.40K
Vol(50)1.29M