GYRODYNE LLC (GYRO) Stock Technical Analysis
USA - NASDAQ:GYRO - US4038291047 - Common Stock
Taking everything into account, GYRO scores 5 out of 10 in our technical rating. In the last year, GYRO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, GYRO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.89. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GYRO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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7.59
2 important support areas can be observed.
- A support zone ranging from 9.60 to 9.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.67 to 7.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.89 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.52 to 10.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.20 from a horizontal 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 | UP | POSITIVE | The long term trend for GYRO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GYRO is neutral. |
| ChartMill Relative Strength | 64.06 | NEUTRAL | GYRO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GYRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GYRO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GYRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.33 | NEUTRAL | The RSI value for GYRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GYRO has a negative trend. |
| Stochastics (14,3) | 24.59 | NEUTRAL | The Stochastics value for GYRO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for GYRO suggests some volalility. |
| Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for GYRO suggests a possible start of a new trend. |
9.61
-0.29 (-2.93%)
GYRODYNE LLC / GYRO FAQ
What is the ChartMill technical rating of GYRODYNE LLC (GYRO) stock?
ChartMill assigns a technical rating of 5 / 10 to GYRO.
What is the current trend direction of GYRODYNE LLC (GYRO) stock?
The current trend direction for GYRODYNE LLC (GYRO) is Bullish.
Can you provide the RSI signal for GYRODYNE LLC?
GYRODYNE LLC (GYRO) has an RSI value of 42.3269. This indicates that the stock is currently neutral.
What is the short term momentum for GYRODYNE LLC (GYRO) stock?
The short term momentum for GYRODYNE LLC (GYRO) is neutral.
What is the support and resistance level for GYRO stock?
GYRODYNE LLC (GYRO) has a support level at 9.6 and a resistance level at 9.89. Check the full technical report for our detailed analysis of GYRO support and resistance levels.