GREENIDGE GENERATION HOLDING (GREE)

US39531G3083 - Common Stock

2.67  +0.2 (+8.1%)

After market: 2.61 -0.06 (-2.25%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to GREE. Recently some decent action could be observed, but in the medium term time frame this is still negative. GREE was also a bad performer in the overall market in the last year.

72% of all other stocks performed better in the past year than GREE.
GREE is part of the Software industry. There are 279 other stocks in this industry, of which 64% are performing better than GREE.
GREE 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GREE has a been trading in the 2.16 - 3.84 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.
GREE has an average volume of 1155650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GREE Weekly chart
GREE Daily chart
Setup Rating and Analysis

3

GREE 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.

Support and Resistance Analysis

1.68

3.52

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 2.65 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 2.41 to 2.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @1.90 from a trend line in the daily time frame.
  • Support @1.70 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 2.74 to 2.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @3.13 from a trend line in the weekly time frame.
  • Resistance @3.49 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.58
Mansfield-2.74
10 Day High3.84
10 Day Low2.16
20 Day High3.84
20 Day Low2.16
52 Week High9.26
52 Week Low1.62
Performance
1 Week18.67%
2 Weeks17.11%
1 Month3.09%
3 Month45.11%
6 Month8.1%
12 Month-46.17%
2 Year-58.26%
3 Year-98.62%
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)58.26
LBB2.12
UBB2.79
GREE Daily chart

GREENIDGE GENERATION HOLDING

NASDAQ:GREE (11/15/2024, 8:15:09 PM)

After market: 2.61 -0.06 (-2.25%)

2.67

+0.2 (+8.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg8.1%
1 Week18.67%
2 Weeks17.11%
1 Month3.09%
3 Month45.11%
6 Month8.1%
12 Month-46.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.4
ATR(20)%12.99%
ATR Inc
Range Today1.26
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 High3.84
10 Day Low2.16
20 Day High3.84
20 Day Low2.16
52 Week High9.26
52 Week Low1.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume40.21M
Volume Incr2041.94%
Vol(5)9.21M
Vol(50)1.16M