Overall GTEC gets a technical rating of 0 out of 10. GTEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
GTEC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
0.92
We found 1 important support area.
- Support @0.93 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.05 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.74 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GTEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTEC is down. |
| ChartMill Relative Strength | 8.72 | NEGATIVE | GTEC has a low relative strength, it was outperformed by 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GTEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.92 | NEUTRAL | The RSI value for GTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GTEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.78 | NEUTRAL | The Stochastics value for GTEC is a neutral value. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for GTEC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.41 | NEUTRAL | The ADX value for GTEC suggests a possible start of a new trend. |
1.03
-0.05 (-4.63%)
GREENLAND TECHNOLOGIES HOLDI / GTEC FAQ
Can you provide the ChartMill technical rating for GREENLAND TECHNOLOGIES HOLDI?
ChartMill assigns a technical rating of 0 / 10 to GTEC.
What is the trend direction for GTEC stock?
The current trend direction for GREENLAND TECHNOLOGIES HOLDI (GTEC) is Bearish.
What is the RSI signal for GTEC stock?
GREENLAND TECHNOLOGIES HOLDI (GTEC) has an RSI value of 44.9155. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GREENLAND TECHNOLOGIES HOLDI?
The short term momentum for GREENLAND TECHNOLOGIES HOLDI (GTEC) is negative.
What is the support and resistance level for GTEC stock?
GREENLAND TECHNOLOGIES HOLDI (GTEC) has a support level at 0.93 and a resistance level at 1.05. Check the full technical report for our detailed analysis of GTEC support and resistance levels.