GULF RESOURCES INC (GURE)

US40251W4087 - Common Stock

1.55  +0.03 (+1.97%)

Technical Rating and Analysis

5

Taking everything into account, GURE scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GURE was also a bad performer in the overall market in the last year.

77% of all other stocks performed better in the past year than GURE.
GURE is part of the Chemicals industry. There are 84 other stocks in this industry, of which 71% are performing better than GURE.
Warning: GURE has an average volume of 26876 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GURE has a been trading in the 1.29 - 1.62 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GURE 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 GURE is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GURE Weekly chart
GURE Daily chart
Setup Rating and Analysis

3

GURE has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

1.14

1.57

We found 5 important support areas.

  • A support zone ranging from 1.53 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1.37 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.31 from a horizontal line in the daily time frame.
  • Support @1.15 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.61
Mansfield-2.77
10 Day High1.62
10 Day Low1.29
20 Day High1.62
20 Day Low1.29
52 Week High3.13
52 Week Low0.85
Performance
1 Week9.35%
2 Weeks7.04%
1 Month2.7%
3 Month24.59%
6 Month-11.63%
12 Month-43.91%
2 Year-58.92%
3 Year-75.32%
5 Year-76.06%
10 Year-83.48%
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)0.01
RSI(14)62.68
LBB1.28
UBB1.53
GURE Daily chart

GULF RESOURCES INC

NASDAQ:GURE (4/29/2024, 2:29:42 PM)

1.55

+0.03 (+1.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.97%
1 Week9.35%
2 Weeks7.04%
1 Month2.7%
3 Month24.59%
6 Month-11.63%
12 Month-43.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%6.4%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.62
10 Day Low1.29
20 Day High1.62
20 Day Low1.29
52 Week High3.13
52 Week Low0.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume20.10K
Volume Incr175.3%
Vol(5)62.70K
Vol(50)26.88K