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GSI TECHNOLOGY INC (GSIT) Stock Technical Analysis

NASDAQ:GSIT - Nasdaq - US36241U1060 - Common Stock

4.45  +1.7 (+61.82%)

Technical Rating and Analysis

2

Overall GSIT gets a technical rating of 2 out of 10. GSIT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, GSIT is a bad performer in the overall market: 61% of all stocks are doing better.
In the last month GSIT has a been trading in the 2.55 - 3.70 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
GSIT is part of the Semiconductors & Semiconductor Equipment industry. There are 109 other stocks in this industry, GSIT did better than 50% of them.
GSIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GSIT is lagging the market.
Weekly and Daily overview Charts
GSIT Weekly chart
GSIT Daily chart
Setup Rating and Analysis

1

The technical rating of GSIT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.48

4.49

We found 4 important support areas.

  • Support @3.43 from a trend line in the daily time frame.
  • A support zone ranging from 2.96 to 3.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.68 to 2.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 2.50 to 2.55. 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
CRS39.22
Mansfield-1.62
10 Day High3.7
10 Day Low2.57
20 Day High3.7
20 Day Low2.55
52 Week High6.02
52 Week Low1.88
Performance
1 Week-10.13%
2 Weeks-9.24%
1 Month6.18%
3 Month-28.01%
6 Month1.1%
12 Month25%
2 Year34.8%
3 Year-37.78%
5 Year-66.09%
10 Year-45.54%
15 Year-38.34%
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)-0.05
RSI(14)42.53
LBB2.56
UBB3.59
GSIT Daily chart

GSI TECHNOLOGY INC

NASDAQ:GSIT (1/17/2025, 10:59:10 AM)

4.45

+1.7 (+61.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg61.82%
1 Week-10.13%
2 Weeks-9.24%
1 Month6.18%
3 Month-28.01%
6 Month1.1%
12 Month25%
2 Year34.8%
3 Year-37.78%
5 Year-66.09%
10 Year-45.54%
15 Year-38.34%
Volatility
ATR(14)0.26
ATR(20)%9.49%
ATR Inc-20.39%
Range Today1.98
ADR(20)0.25
ADR(20)%5.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.22
Mansfield-1.62
10 Day High3.7
10 Day Low2.57
20 Day High3.7
20 Day Low2.55
52 Week High6.02
52 Week Low1.88
CS1 End2.73
CR1 Start2.96
Volume & EV
DER(3)-6.78%
DER(5)-6.58%
Volume49.01M
Volume Incr13.23%
Vol(5)205.20K
Vol(50)164.78K