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GSE SYSTEMS INC (GVP) Stock Technical Analysis

USA - NASDAQ:GVP - US36227K2050 - Common Stock

4.59 USD
-0.01 (-0.22%)
Last: 10/31/2024, 8:09:51 PM
4.59 USD
0 (0%)
After Hours: 10/31/2024, 8:09:51 PM
Technical Rating and Analysis

10

Taking everything into account, GVP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GVP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GVP is one of the better performing stocks in the market, outperforming 85% of all stocks.
GVP is part of the Software industry. There are 285 other stocks in this industry. GVP outperforms 76% of them.
GVP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GVP is performing more or less in line with the market.
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.
Weekly and Daily overview Charts
GSE SYSTEMS INC / GVP Weekly stock chart
GSE SYSTEMS INC / GVP Daily stock chart
Setup Rating and Analysis

6

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. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for GVP is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for GVP is up.
ChartMill Relative Strength85.37POSITIVEGVP has a high relative strength, it outperformed 85.37% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of GVP is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of GVP is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of GVP is above the rising SMA(200).
Relative Strength Index/RSI (14)69.29NEUTRALThe RSI value for GVP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests GVP has a positive trend, although the MACD value is declining.
Stochastics (14,3)72.44NEUTRALThe Stochastics value for GVP is a neutral value.
Average True Range in percent/ATR (20)2.52MEDIUM VOLATILITYThe ATR as a percentage value for GVP suggests some volalility.
Average Directional Index/ADX (14)51.7POSITIVEThe high ADX value value for GVP suggests a strong trend.
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
4.644.170.47 (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%.For a 1.00% total portfolio risk, you can invest 9.96% of your capital in this trade.

  • 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.
GSE SYSTEMS INC / GVP Daily stock chart

GSE SYSTEMS INC

NASDAQ:GVP (10/31/2024, 8:09:51 PM)

After market: 4.59 0 (0%)

4.59

-0.01 (-0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
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
3 months CRSN/A
6 months CRSN/A
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

GSE SYSTEMS INC / GVP FAQ

What is the ChartMill technical rating of GSE SYSTEMS INC (GVP) stock?

ChartMill assigns a technical rating of 10 / 10 to GVP.


Can you provide the trend direction for GSE SYSTEMS INC?

The current trend direction for GSE SYSTEMS INC (GVP) is Bullish.


Can you provide the RSI signal for GSE SYSTEMS INC?

GSE SYSTEMS INC (GVP) has an RSI value of 69.2855. This indicates that the stock is currently neutral.


Can you provide the MACD signal for GSE SYSTEMS INC?

The MACD indicator for GSE SYSTEMS INC (GVP) has a value of 0.0168855, indicating a bearish trend.


Can you provide the support and resistance levels for GSE SYSTEMS INC?

GSE SYSTEMS INC (GVP) has a support level at 4.04 and a resistance level at 4.61. Check the full technical report for our detailed analysis of GVP support and resistance levels.