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.
GVP has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.
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2.72
We found 4 important support areas.
- 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.
2 important resistance areas can be observed.
- 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. |
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 worst case loss on the trade is limited to 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%)
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.