Overall GURE gets a technical rating of 0 out of 10. GURE'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.
GURE has a poor technical rating and the quality of the setup is also only medium 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
4.21
We can see 2 important resistance areas.
- Resistance @6.40 from a trend line in the weekly time frame.
- Resistance @6.65 from a trend 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 | DOWN | NEGATIVE | The long term trend for GURE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GURE is down. |
| ChartMill Relative Strength | 9.23 | NEGATIVE | GURE has a low relative strength, it was outperformed by 90.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GURE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GURE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GURE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.87 | NEUTRAL | The RSI value for GURE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GURE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.35 | OVERSOLD | The low Stochastics value suggests GURE may be oversold. |
| Average True Range in percent/ATR (20) | 14.52 | HIGH VOLATILITY | The high ATR as a percentage value for GURE suggests high volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for GURE suggests a weak or negative trend. |
4.25
0 (0%)
GULF RESOURCES INC / GURE FAQ
What is the ChartMill technical rating of GULF RESOURCES INC (GURE) stock?
ChartMill assigns a technical rating of 0 / 10 to GURE.
What is the trend direction for GURE stock?
The current trend direction for GULF RESOURCES INC (GURE) is Bearish.
What is the RSI signal for GULF RESOURCES INC (GURE) stock?
GULF RESOURCES INC (GURE) has an RSI value of 37.8697. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GULF RESOURCES INC?
The MACD indicator for GULF RESOURCES INC (GURE) has a value of -0.0473285, indicating a bearish trend.
Can you provide the buy/sell signal for GULF RESOURCES INC?
The buy/sell signal for GULF RESOURCES INC (GURE) is sell as both the short term and long term trends are negative.