GIGAMEDIA LTD (GIGM) Stock Technical Analysis
NASDAQ:GIGM - Nasdaq - SG9999014831 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to GIGM. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month GIGM has a been trading in the 1.52 - 1.80 range, which is quite wide. It is currently trading near the lows of this range.
Warning: GIGM has an average volume of 14152 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, GIGM did better than 85% of all other stocks.
GIGM is part of the Entertainment industry. There are 72 other stocks in this industry. GIGM outperforms 78% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
GIGM 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.
Considerably lower volume is observed in the last couple of days.
GIGM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GIGM 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.
More info and screens
1.44
1.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.53 to 1.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.49 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.56
Mansfield1.67
10 Day High1.64
10 Day Low1.52
20 Day High1.8
20 Day Low1.52
52 Week High1.8
52 Week Low1.26
Performance
1 Week0%
2 Weeks-5.74%
1 Month-2.5%
3 Month-1.27%
6 Month14.71%
12 Month19.54%
2 Year5.41%
3 Year-10.34%
5 Year-33.05%
10 Year-62.41%
15 Year-89.63%
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)-0.01
RSI(14)44.31
LBB1.49
UBB1.69
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.59 | 1.52 | 0.07 (4.40%) | 22.71% |
| An entry @1.59. This is a Buy Stop order right above the resistance zone. | An exit @1.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 4.40%. | When investing 22.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of GIGM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:GIGM (4/17/2025, 8:24:48 PM)
1.56
-0.02 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.58%
1 Week0%
2 Weeks-5.74%
1 Month-2.5%
3 Month-1.27%
6 Month14.71%
12 Month19.54%
2 Year5.41%
3 Year-10.34%
5 Year-33.05%
10 Year-62.41%
15 Year-89.63%
Volatility
ATR(14)0.06
ATR(20)%3.73%
ATR Inc-11.48%
Range Today0.06
ADR(20)0.05
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.56
Mansfield1.67
10 Day High1.64
10 Day Low1.52
20 Day High1.8
20 Day Low1.52
52 Week High1.8
52 Week Low1.26
CS1 End1.55
CR1 Start1.56
Volume & EV
DER(3)8.43%
DER(5)3.98%
Volume5.80K
Volume Incr-59.25%
Vol(5)8.24K
Vol(50)14.15K