GLOBAVEND HOLDINGS LTD (GVH) Technical Analysis
NASDAQ:GVH • KYG3R39B1165
Current stock price
GVH Technical Rating and Analysis
Taking everything into account, GVH scores 6 out of 10 in our technical rating. In the past year, GVH was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- GVH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- GVH is part of the Air Freight & Logistics industry. There are 23 other stocks in this industry. GVH outperforms 72% of them.
- In the last month GVH has a been trading in the 0.97 - 3.39 range, which is quite wide. It is currently trading near the high of this range.
- GVH has an average volume of 2377990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Looking at the yearly performance, GVH did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GVH Weekly and Daily overview Charts
GVH Setup Rating and Analysis
GVH has an average technical rating and also the quality of the setup is 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
GVH Support and Resistance Analysis
2.91
When analyzing the support we notice one important area.
- Support @2.94 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.38 from a horizontal line in the daily time frame.
GVH 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 GVH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GVH is up. |
| ChartMill Relative Strength | 83.87 | POSITIVE | GVH has a high relative strength, it outperformed 83.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GVH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GVH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GVH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.46 | NEUTRAL | The RSI value for GVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GVH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.98 | OVERBOUGHT | The high Stochastics value suggests GVH may be overbought. |
| Average True Range in percent/ATR (20) | 15.53 | HIGH VOLATILITY | The high ATR as a percentage value for GVH suggests high volalility. |
| Average Directional Index/ADX (14) | 50.65 | POSITIVE | The high ADX value value for GVH suggests a strong trend. |
GVH Chart- and CandleStick Pattern Analysis
GVH Technicals: Chart, Performance Metrics, Trend & Indicators
3.12
-0.14 (-4.29%)
GLOBAVEND HOLDINGS LTD / GVH TA FAQ
What is the ChartMill technical rating of GLOBAVEND HOLDINGS LTD (GVH) stock?
ChartMill assigns a technical rating of 6 / 10 to GVH.
Can you provide the trend direction for GLOBAVEND HOLDINGS LTD?
The current trend direction for GLOBAVEND HOLDINGS LTD (GVH) is Bearish.
Can you provide the RSI signal for GLOBAVEND HOLDINGS LTD?
GLOBAVEND HOLDINGS LTD (GVH) has an RSI value of 66.4616. This indicates that the stock is currently neutral.
What is the MACD signal for GLOBAVEND HOLDINGS LTD (GVH) stock?
The MACD indicator for GLOBAVEND HOLDINGS LTD (GVH) has a value of 0.0522514, indicating a bearish trend.
What is the support and resistance level for GVH stock?
GLOBAVEND HOLDINGS LTD (GVH) has a support level at 2.94 and a resistance level at 3.38. Check the full technical report for our detailed analysis of GVH support and resistance levels.