Gx Acquisiton Corp Cl A (GXGX) Technical Analysis
NASDAQ:GXGX
Current stock price
GXGX Technical Rating and Analysis
Taking everything into account, GXGX scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GXGX was also a bad performer in the overall market in the last year.
- 80% of all other stocks performed better in the past year than GXGX.
- GXGX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GXGX has a been trading in the 7.73 - 12.58 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Volume is considerably higher in the last couple of days.
GXGX Weekly and Daily overview Charts
GXGX Setup Rating and Analysis
The technical rating of GXGX 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.
More info and screens
GXGX Support and Resistance Analysis
9.73
2 important support areas can be observed.
- A support zone ranging from 10.00 to 10.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.83 to 9.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.22 to 10.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.50 from a horizontal line in the daily time frame.
GXGX 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 GXGX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GXGX is neutral. |
| ChartMill Relative Strength | 20.59 | NEGATIVE | GXGX has a low relative strength, it was outperformed by 79.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GXGX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GXGX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GXGX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.26 | NEUTRAL | The RSI value for GXGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GXGX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.51 | NEUTRAL | The Stochastics value for GXGX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for GXGX suggests some volalility. |
GXGX Chart- and CandleStick Pattern Analysis
GXGX Technicals: Chart, Performance Metrics, Trend & Indicators
10.2
+2.18 (+27.18%)
Gx Acquisiton Corp Cl A / GXGX TA FAQ
Can you provide the ChartMill technical rating for Gx Acquisiton Corp Cl A?
ChartMill assigns a technical rating of 3 / 10 to GXGX.
Can you provide the trend direction for Gx Acquisiton Corp Cl A?
The current trend direction for Gx Acquisiton Corp Cl A (GXGX) is Bearish.
What is the RSI signal for Gx Acquisiton Corp Cl A (GXGX) stock?
Gx Acquisiton Corp Cl A (GXGX) has an RSI value of 53.2573. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Gx Acquisiton Corp Cl A?
The short term momentum for Gx Acquisiton Corp Cl A (GXGX) is neutral.
What are the support and resistance levels for Gx Acquisiton Corp Cl A (GXGX) stock?
Gx Acquisiton Corp Cl A (GXGX) has a support level at 10.19 and a resistance level at 10.22. Check the full technical report for our detailed analysis of GXGX support and resistance levels.