GOOSEHEAD INSURANCE INC -A (GSHD)

US38267D1090 - Common Stock

85.45  -2.05 (-2.34%)

After market: 85.45 0 (0%)

Technical Rating and Analysis

9

Overall GSHD gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GSHD has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
GSHD is part of the Insurance industry. There are 141 other stocks in this industry. GSHD outperforms 83% of them.
GSHD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GSHD is performing more or less in line with the market.
In the last month GSHD has a been trading in the 79.33 - 89.76 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, GSHD did better than 90% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GSHD Weekly chart
GSHD Daily chart
Setup Rating and Analysis

9

Besides having an excellent technical rating, GSHD also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 80.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GSHD 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.
Support and Resistance Analysis

57.47

92.71

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 80.30 to 80.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @59.63 from a trend line in the weekly time frame.
  • Support @58.05 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @85.65 from a trend line in the daily time frame.
  • A resistance zone ranging from 91.79 to 91.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS90.81
Mansfield0.97
10 Day High89.76
10 Day Low79.58
20 Day High89.76
20 Day Low79.33
52 Week High92.76
52 Week Low50.47
Performance
1 Week0.47%
2 Weeks6.14%
1 Month1.06%
3 Month38.85%
6 Month7.77%
12 Month18.71%
2 Year139.76%
3 Year-43.89%
5 Year73.15%
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)-0.28
RSI(14)57.86
LBB79.6
UBB88.33
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
85.6680.295.37 (6.27%)15.95%
An entry @85.66. This is a Buy Stop order right above the resistance zone.An exit @80.29. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 5.37 points, which is 6.27%.When investing 15.95% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
GSHD Daily chart

GOOSEHEAD INSURANCE INC -A

NASDAQ:GSHD (9/6/2024, 8:18:02 PM)

After market: 85.45 0 (0%)

85.45

-2.05 (-2.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.34%
1 Week0.47%
2 Weeks6.14%
1 Month1.06%
3 Month38.85%
6 Month7.77%
12 Month18.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.97
ATR(20)%3.34%
ATR Inc
Range Today3.01
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 High89.76
10 Day Low79.58
20 Day High89.76
20 Day Low79.33
52 Week High92.76
52 Week Low50.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume207.50K
Volume Incr-29.68%
Vol(5)176.16K
Vol(50)289.31K