ESS TECH INC (GWH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GWH - US26916J2050 - Common Stock
Taking everything into account, GWH scores 0 out of 10 in our technical rating. GWH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
GWH has a poor technical rating and the quality of the setup is also only medium 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
1.76
4 important support areas can be observed.
- Support @1.88 from a trend line in the daily time frame.
- Support @1.85 from a horizontal line in the daily time frame.
- Support @1.82 from a trend line in the daily time frame.
- Support @1.78 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for GWH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GWH is down. |
| ChartMill Relative Strength | 13.31 | NEGATIVE | GWH has a low relative strength, it was outperformed by 86.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GWH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GWH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GWH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.03 | NEUTRAL | The RSI value for GWH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GWH has a positive trend. |
| Stochastics (14,3) | 23.84 | NEUTRAL | The Stochastics value for GWH is a neutral value. |
| Average True Range in percent/ATR (20) | 9.93 | HIGH VOLATILITY | The high ATR as a percentage value for GWH suggests high volalility. |
| Average Directional Index/ADX (14) | 9.51 | NEGATIVE | The low ADX value for GWH suggests a weak or negative trend. |
1.94
-0.09 (-4.43%)
ESS TECH INC / GWH FAQ
What is the ChartMill technical rating of ESS TECH INC (GWH) stock?
ChartMill assigns a technical rating of 0 / 10 to GWH.
What is the trend direction for GWH stock?
The current trend direction for ESS TECH INC (GWH) is Bearish.
What is the RSI signal for ESS TECH INC (GWH) stock?
ESS TECH INC (GWH) has an RSI value of 38.0309. This indicates that the stock is currently neutral.
What is the short term momentum for GWH stock?
The short term momentum for ESS TECH INC (GWH) is negative.
Can you provide the buy/sell signal for ESS TECH INC?
The buy/sell signal for ESS TECH INC (GWH) is sell as both the short term and long term trends are negative.