GIGACLOUD TECHNOLOGY INC - A (GCT) Stock Technical Analysis
NASDAQ:GCT - Nasdaq - KYG386441037 - Common Stock
We assign a technical rating of 1 out of 10 to GCT. GCT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
86% of all other stocks performed better in the past year than GCT.
GCT is part of the Distributors industry. There are 15 other stocks in this industry, of which 64% are performing better than GCT.
GCT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
GCT has an average volume of 1400410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GCT has a been trading in the 16.80 - 21.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GCT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
17.18
23.39
We found 4 important support areas.
- A support zone ranging from 19.51 to 19.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.61 from a horizontal line in the daily time frame.
- Support @18.18 from a trend line in the weekly time frame.
- A support zone ranging from 17.35 to 17.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 20.63 to 21.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.40 to 21.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.16 from a trend 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
CRS14.72
Mansfield-3.18
10 Day High21.9
10 Day Low18.02
20 Day High21.9
20 Day Low16.8
52 Week High45.18
52 Week Low15.61
Performance
1 Week10.8%
2 Weeks5.26%
1 Month12.37%
3 Month-14.69%
6 Month-27.5%
12 Month-19.52%
2 Year252.48%
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)0.31
RSI(14)53.63
LBB17.5
UBB21.36
GIGACLOUD TECHNOLOGY INC - A
NASDAQ:GCT (1/21/2025, 8:02:54 PM)
Premarket: 20.99 +0.37 (+1.79%)20.62
+0.79 (+3.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg3.98%
1 Week10.8%
2 Weeks5.26%
1 Month12.37%
3 Month-14.69%
6 Month-27.5%
12 Month-19.52%
2 Year252.48%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%5.6%
ATR Inc-24.55%
Range Today1.07
ADR(20)1.02
ADR(20)%4.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.72
Mansfield-3.18
10 Day High21.9
10 Day Low18.02
20 Day High21.9
20 Day Low16.8
52 Week High45.18
52 Week Low15.61
CS1 End19.76
CR1 Start20.63
Volume & EV
DER(3)-2.53%
DER(5)-1.6%
Volume812.60K
Volume Incr-26.06%
Vol(5)833.50K
Vol(50)1.40M