GULF RESOURCES INC (GURE) Stock Technical Analysis
NASDAQ:GURE - Nasdaq - US40251W4087 - Common Stock - Currency: USD
Overall GURE gets a technical rating of 0 out of 10. GURE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GURE is a bad performer in the overall market: 91% of all stocks are doing better.
GURE is one of the lesser performing stocks in the Chemicals industry. 73% of 85 stocks in the same industry do better.
GURE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GURE is lagging the market.
In the last month GURE has a been trading in the 0.56 - 0.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GURE does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
0.58
0.94
We found 3 important support areas.
- Support @0.61 from a trend line in the daily time frame.
- Support @0.60 from a horizontal line in the daily time frame.
- Support @0.59 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.67 from a horizontal line in the daily time frame.
- Resistance @0.87 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.92 to 0.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.88
Mansfield-3.12
10 Day High0.69
10 Day Low0.59
20 Day High0.73
20 Day Low0.56
52 Week High1.79
52 Week Low0.5
Performance
1 Week-6.85%
2 Weeks0.75%
1 Month-4.71%
3 Month-16.46%
6 Month-0.87%
12 Month-60.09%
2 Year-78.79%
3 Year-85.84%
5 Year-85.77%
10 Year-94.44%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)43.17
LBB0.59
UBB0.67
0.6146
-0.06 (-8.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-8.27%
1 Week-6.85%
2 Weeks0.75%
1 Month-4.71%
3 Month-16.46%
6 Month-0.87%
12 Month-60.09%
2 Year-78.79%
3 Year-85.84%
5 Year-85.77%
10 Year-94.44%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%8.53%
ATR Inc32.62%
Range Today0.06
ADR(20)0.05
ADR(20)%8.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.88
Mansfield-3.12
10 Day High0.69
10 Day Low0.59
20 Day High0.73
20 Day Low0.56
52 Week High1.79
52 Week Low0.5
CS1 End0.61
CR1 Start0.63
Volume & EV
DER(3)-15.65%
DER(5)-6.48%
Volume64.40K
Volume Incr-95.06%
Vol(5)51.70K
Vol(50)450.05K