PEW Technical Analysis - GRABAGUN DIGITAL HOLDINGS IN

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to PEW. PEW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

100% of all other stocks performed better in the past year than PEW.

PEW is one of the lesser performing stocks in the Specialty Retail industry. 95% of 122 stocks in the same industry do better.

In the last month PEW has a been trading in the 4.34 - 6.76 range, which is quite wide. It is currently trading near the lows of this range.

PEW has an average volume of 1261920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

GRABAGUN DIGITAL HOLDINGS IN / PEW Weekly stock chart

GRABAGUN DIGITAL HOLDINGS IN / PEW Daily stock chart

Setup Rating and Analysis

The technical rating of PEW 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

4.71

6.77

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 4.84 to 4.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @5.04 from a horizontal line in the daily time frame.
Resistance @6.25 from a trend line in the daily time frame.
Resistance @6.70 from a horizontal line in the daily time frame.

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Support and Resistance indicators

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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	UP	POSITIVE	The long term trend for PEW is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PEW is down.
ChartMill Relative Strength	0	NEGATIVE	PEW has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PEW is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PEW is below a declining SMA(50).
Relative Strength Index/RSI (14)	38.91	NEUTRAL	The RSI value for PEW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.04	NEGATIVE	The MACD value suggests PEW has a negative trend, although the MACD value is rising.
Stochastics (14,3)	39.41	NEUTRAL	The Stochastics value for PEW is a neutral value.
Average True Range in percent/ATR (20)	7.09	HIGH VOLATILITY	The high ATR as a percentage value for PEW suggests high volalility.
Average Directional Index/ADX (14)	26.41	POSITIVE	The high ADX value value for PEW suggests a strong trend.