GULF RESOURCES INC (GURE) Technical Analysis
NASDAQ:GURE • US40251W5076
Current stock price
4.89 USD
+0.12 (+2.52%)
At close:
4.853 USD
-0.04 (-0.76%)
After Hours:
GURE Technical Rating and Analysis
Overall GURE gets a technical rating of 2 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: 74% of all stocks are doing better.
- GURE is one of the lesser performing stocks in the Chemicals industry. 65% of 83 stocks in the same industry do better.
- GURE is currently trading in the lower part 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.
- Warning: GURE has an average volume of 25738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month GURE has a been trading in the 4.15 - 5.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GURE Weekly and Daily overview Charts
GURE Setup Rating and Analysis
Although the technical rating is bad, GURE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for GURE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GURE Support and Resistance Analysis
4.15
7.40
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.69 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.60 from a horizontal line in the weekly time frame.
- Support @4.37 from a trend line in the daily time frame.
- Support @4.19 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.90 to 4.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.39 from a trend line in the weekly time frame.
- A resistance zone ranging from 7.32 to 7.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
GURE 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 | DOWN | NEGATIVE | The long term trend for GURE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GURE is neutral. |
| ChartMill Relative Strength | 26.47 | NEGATIVE | GURE has a low relative strength, it was outperformed by 73.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GURE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GURE is above the rising 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) | 52.31 | NEUTRAL | The RSI value for GURE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GURE has a positive trend. |
| Stochastics (14,3) | 55.96 | NEUTRAL | The Stochastics value for GURE is a neutral value. |
| Average True Range in percent/ATR (20) | 12.76 | HIGH VOLATILITY | The high ATR as a percentage value for GURE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.17 | NEUTRAL | The ADX value for GURE suggests a possible start of a new trend. |
GURE Chart- and CandleStick Pattern Analysis
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)
GURE Technicals: Chart, Performance Metrics, Trend & Indicators
4.89
+0.12 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.52%
1 Week4.71%
2 Weeks2.09%
1 Month-14.06%
3 Month13.99%
6 Month-32.09%
12 Month-32.08%
2 Year-66.96%
3 Year-81.75%
5 Year-88.76%
10 Year-93.93%
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%12.76%
ATR Inc-18.1%
Range Today0.39
ADR(20)0.62
ADR(20)%12.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.47
3 months CRS89.61
6 months CRS17.01
Mansfield-2.31
10 Day High5.1
10 Day Low4.16
20 Day High5.7
20 Day Low4.15
52 Week High11.83
52 Week Low3.47
CS1 End4.75
CR1 Start4.9
Volume & EV
DER(3)5.01%
DER(5)-0.28%
Volume25.80K
Volume Incr-7.93%
Vol(5)33.92K
Vol(50)25.74K
GULF RESOURCES INC / GURE TA FAQ
What is the ChartMill technical rating of GULF RESOURCES INC (GURE) stock?
ChartMill assigns a technical rating of 2 / 10 to GURE.
Can you provide the trend direction for GULF RESOURCES INC?
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 52.3069. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for GULF RESOURCES INC?
GULF RESOURCES INC (GURE) has a support level at 4.75 and a resistance level at 4.9. Check the full technical report for our detailed analysis of GURE support and resistance levels.