GIGACLOUD TECHNOLOGY INC - A (GCT)
KYG386441037 - Common Stock
We assign a technical rating of 4 out of 10 to GCT. Although GCT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month GCT has a been trading in the 20.16 - 29.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GCT is one of the better performing stocks in the Distributors industry, it outperforms 78% of 15 stocks in the same industry.
GCT has an average volume of 1657340 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, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, GCT did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GCT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GCT is lagging the market.
GCT has an average technical rating and it also does not offer a high 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
18.62
28.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.80 to 20.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @27.42 from a trend line in the daily time frame.
- Resistance @28.33 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.97
Mansfield-2.91
10 Day High29.2
10 Day Low20.16
20 Day High29.2
20 Day Low20.16
52 Week High45.18
52 Week Low8.7
Performance
1 Week-25.31%
2 Weeks-8.15%
1 Month-20.98%
3 Month-6.87%
6 Month-41.67%
12 Month121.68%
2 Year183.04%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.44
RSI(14)41.7
LBB19.37
UBB27.34
GIGACLOUD TECHNOLOGY INC - A
NASDAQ:GCT (11/15/2024, 8:00:00 PM)
Premarket: 20.9 +0.04 (+0.19%)20.86
+0.06 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg0.29%
1 Week-25.31%
2 Weeks-8.15%
1 Month-20.98%
3 Month-6.87%
6 Month-41.67%
12 Month121.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.04
ATR(20)%9.28%
ATR Inc
Range Today1.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.2
10 Day Low20.16
20 Day High29.2
20 Day Low20.16
52 Week High45.18
52 Week Low8.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.18M
Volume Incr53.27%
Vol(5)1.94M
Vol(50)1.66M