Overall 2GB gets a technical rating of 4 out of 10. In the last year, 2GB was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: 2GB has an average volume of 24060 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
2GB is part of the Electrical Equipment industry. There are 59 other stocks in this industry. 2GB outperforms 81% of them.
In the last month 2GB has a been trading in the 21.25 - 25.15 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that 2GB is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
2GB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.