GORILLA TECHNOLOGY GROUP INC (GRRR) Stock Technical Analysis
NASDAQ:GRRR - Nasdaq - KYG4000K1756 - Common Stock - Currency: USD
Taking everything into account, GRRR scores 2 out of 10 in our technical rating. Although GRRR 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 GRRR has a been trading in the 15.19 - 29.71 range, which is quite wide. It is currently trading near the lows of this range.
GRRR is one of the better performing stocks in the Software industry, it outperforms 98% of 285 stocks in the same industry.
GRRR has an average volume of 4125570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that GRRR is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GRRR 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.
GRRR has a bad 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 16.85, a Stop Loss order could be placed below this zone.
More info and screens
16.44
33.01
When analyzing the support we notice one important area.
- A support zone ranging from 16.61 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.29 to 19.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.01 from a horizontal line in the daily time frame.
- Resistance @24.16 from a trend line in the daily time frame.
- Resistance @32.68 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.14
Mansfield8.32
10 Day High20.88
10 Day Low15.19
20 Day High29.71
20 Day Low15.19
52 Week High44.15
52 Week Low2.09
Performance
1 Week-3.81%
2 Weeks-6.24%
1 Month-36%
3 Month12.46%
6 Month290.58%
12 Month248.4%
2 Year-2.13%
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)-0.09
RSI(14)42.36
LBB15.65
UBB20.76
17.42
+0.48 (+2.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.83%
1 Week-3.81%
2 Weeks-6.24%
1 Month-36%
3 Month12.46%
6 Month290.58%
12 Month248.4%
2 Year-2.13%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.93
ATR(20)%17.71%
ATR Inc-41.08%
Range Today1.16
ADR(20)2.88
ADR(20)%16.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.14
Mansfield8.32
10 Day High20.88
10 Day Low15.19
20 Day High29.71
20 Day Low15.19
52 Week High44.15
52 Week Low2.09
CS1 End16.85
CR1 Start19.29
Volume & EV
DER(3)-2.84%
DER(5)-1.09%
Volume1.13M
Volume Incr-52.33%
Vol(5)1.48M
Vol(50)4.13M