GVS Technical Analysis - GVS SPA

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to GVS. GVS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, GVS is a bad performer in the overall market: 92% of all stocks are doing better.

GVS is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 63% of 59 stocks in the same industry do better.

GVS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month GVS has a been trading in the 4.14 - 5.02 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of GVS 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.20

4.97

We can see 2 important resistance areas.

A resistance zone ranging from 4.64 to 4.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 4.89 to 4.92. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for GVS.MI is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for GVS.MI is down.
ChartMill Relative Strength	8.47	NEGATIVE	GVS.MI has a low relative strength, it was outperformed by 91.53% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of GVS.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of GVS.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of GVS.MI is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.65	NEUTRAL	The RSI value for GVS.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests GVS.MI has a negative trend.
Stochastics (14,3)	13.47	OVERSOLD	The low Stochastics value suggests GVS.MI may be oversold.
Average True Range in percent/ATR (20)	4.51	MEDIUM VOLATILITY	The ATR as a percentage value for GVS.MI suggests some volalility.
Average Directional Index/ADX (14)	15.56	NEGATIVE	The low ADX value for GVS.MI suggests a weak or negative trend.