USA - NYSE:GWRE - US40171V1008 - Common Stock
Taking everything into account, GWRE 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, GWRE is showing a nice and steady performance.
Although GWRE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
205.92
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 GWRE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GWRE is up. |
ChartMill Relative Strength | 84.14 | POSITIVE | GWRE has a high relative strength, it outperformed 84.14% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GWRE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GWRE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GWRE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 68.44 | NEUTRAL | The RSI value for GWRE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.58 | POSITIVE | The MACD value suggests GWRE has a positive trend. |
Stochastics (14,3) | 81.09 | OVERBOUGHT | The high Stochastics value suggests GWRE may be overbought. |
Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for GWRE suggests some volalility. |
Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for GWRE suggests a weak or negative trend. |
253.97
+9.69 (+3.97%)