GSE SYSTEMS INC (GVP) Stock Technical Analysis
NASDAQ:GVP - Nasdaq - US36227K2050 - Common Stock - Currency: USD
Taking everything into account, GVP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GVP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GVP did better than 85% of all other stocks.
GVP is one of the better performing stocks in the Software industry, it outperforms 71% of 282 stocks in the same industry.
GVP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GVP is lagging the market slightly.
GVP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Besides having an excellent technical rating, GVP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.72
4.79
4 important support areas can be observed.
- A support zone ranging from 3.94 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.36 from a trend line in the daily time frame.
- Support @3.24 from a trend line in the daily time frame.
- Support @2.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.61 to 4.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.74 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for GVP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GVP is up. |
| ChartMill Relative Strength | 85.37 | POSITIVE | GVP has a high relative strength, it outperformed 85.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GVP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GVP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GVP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.29 | NEUTRAL | The RSI value for GVP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GVP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.44 | NEUTRAL | The Stochastics value for GVP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for GVP suggests some volalility. |
| Average Directional Index/ADX (14) | 51.7 | POSITIVE | The high ADX value value for GVP 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.64 | 4.17 | 0.47 (10.04%) | 9.96% |
| An entry @4.64. This is a Buy Stop order right above the resistance zone. | An exit @4.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.47 points, which is 10.04%. | When investing 9.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.59
-0.01 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.22%
1 Week-0.65%
2 Weeks10.87%
1 Month13.33%
3 Month47.59%
6 Month80.08%
12 Month31.52%
2 Year-43.33%
3 Year-67.45%
5 Year-65.75%
10 Year-69.6%
15 Year-92.38%
Volatility
ATR(14)0.15
ATR(20)%2.52%
ATR Inc-83.21%
Range Today0.02
ADR(20)0.1
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.37
Mansfield3.25
10 Day High4.79
10 Day Low4.18
20 Day High4.79
20 Day Low4.03
52 Week High5.38
52 Week Low1.21
CS1 End4.04
CR1 Start4.61
Volume & EV
DER(3)-7.61%
DER(5)-3.42%
Volume134.50K
Volume Incr28.34%
Vol(5)174.52K
Vol(50)100.79K