GLOBAL MOFY AI LTD-A (GMM) Stock Technical Analysis
NASDAQ:GMM - Nasdaq - KYG3937M1069 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to GMM. Recently some decent action could be observed, but in the medium term time frame this is still negative. GMM was also a bad performer in the overall market in the last year.
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.
When comparing the yearly performance of all stocks, GMM is a bad performer in the overall market: 93% of all stocks are doing better.
GMM is one of the lesser performing stocks in the Entertainment industry. 88% of 71 stocks in the same industry do better.
GMM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GMM has a been trading in the 3.48 - 4.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
GMM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.47
4.74
We found 3 important support areas.
- A support zone ranging from 3.79 to 3.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.60 from a horizontal line in the weekly time frame.
- Support @3.50 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @4.23 from a trend line in the daily time frame.
- A resistance zone ranging from 4.44 to 4.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.69 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
CRS7.03
Mansfield-6.76
10 Day High4.7
10 Day Low3.8
20 Day High4.7
20 Day Low3.48
52 Week High45.75
52 Week Low3.01
Performance
1 Week-1.46%
2 Weeks-3.81%
1 Month9.34%
3 Month11.71%
6 Month-71.04%
12 Month-86.67%
2 YearN/A
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)0.01
RSI(14)50.08
LBB3.64
UBB4.55
4.04
+0.05 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.25%
1 Week-1.46%
2 Weeks-3.81%
1 Month9.34%
3 Month11.71%
6 Month-71.04%
12 Month-86.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%9.09%
ATR Inc32.17%
Range Today0.25
ADR(20)0.35
ADR(20)%8.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.03
Mansfield-6.76
10 Day High4.7
10 Day Low3.8
20 Day High4.7
20 Day Low3.48
52 Week High45.75
52 Week Low3.01
CS1 End3.84
CR1 Start4.23
Volume & EV
DER(3)-9.28%
DER(5)-4.74%
Volume36.10K
Volume Incr-20.14%
Vol(5)69.64K
Vol(50)109.53K