GLOBAVEND HOLDINGS LTD (GVH) Stock Technical Analysis
NASDAQ:GVH - KYG3R39B1082 - Common Stock
4.78 USD
+0.48 (+11.16%)
4.67 USD
-0.11 (-2.3%)
We assign a technical rating of 0 out of 10 to GVH. GVH'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GVH is a bad performer in the overall market: 100% of all stocks are doing better.
GVH is one of the lesser performing stocks in the Air Freight & Logistics industry. 77% of 23 stocks in the same industry do better.
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 has an average volume of 29661300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GVH has a been trading in the 3.85 - 6.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GVH is bad and it also does not present a 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.
More info and screens
4.73
4.83
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 | DOWN | NEGATIVE | The short term trend for GVH is down. |
| ChartMill Relative Strength | 0.04 | NEGATIVE | GVH has a low relative strength, it was outperformed by 99.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GVH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GVH is below a declining 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) | 29.26 | OVERSOLD | The low RSI value suggests GVH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.13 | POSITIVE | The MACD value suggests GVH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 24.25 | NEUTRAL | The Stochastics value for GVH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.46 | HIGH VOLATILITY | The high ATR as a percentage value for GVH suggests high volalility. |
| Average Directional Index/ADX (14) | 32.46 | POSITIVE | The high ADX value value for GVH suggests a strong trend. |
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)
4.78
+0.48 (+11.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg11.16%
1 Week11.42%
2 Weeks7.42%
1 Month-7.9%
3 Month-98.59%
6 Month-96.42%
12 Month-96.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%8.46%
ATR Inc36.1%
Range Today0.6
ADR(20)0.34
ADR(20)%7.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.04
Mansfield-9.67
10 Day High6
10 Day Low3.86
20 Day High6
20 Day Low3.86
52 Week High364
52 Week Low3.86
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.92%
DER(5)-6.58%
Volume1.87M
Volume Incr1129.03%
Vol(5)1.36M
Vol(50)29.66M