We assign a technical rating of 3 out of 10 to GYRE. GYRE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GYRE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 7.53, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.09
We found 3 important support areas.
- Support @7.53 from a horizontal line in the daily time frame.
- A support zone ranging from 7.40 to 7.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.16 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 7.76 to 7.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.31 from a horizontal line in the weekly time frame.
- Resistance @8.47 from a horizontal line in the daily time frame.
- Resistance @9.00 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for GYRE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GYRE is neutral. |
| ChartMill Relative Strength | 21.48 | NEGATIVE | GYRE has a low relative strength, it was outperformed by 78.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GYRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GYRE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GYRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.08 | NEUTRAL | The RSI value for GYRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GYRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.73 | NEUTRAL | The Stochastics value for GYRE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for GYRE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for GYRE suggests a weak or negative trend. |
7.69
-0.18 (-2.29%)
GYRE THERAPEUTICS INC / GYRE FAQ
What is the technical rating for GYRE stock?
ChartMill assigns a technical rating of 3 / 10 to GYRE.
What is the current trend direction of GYRE THERAPEUTICS INC (GYRE) stock?
The current trend direction for GYRE THERAPEUTICS INC (GYRE) is Bearish.
Can you provide the RSI signal for GYRE THERAPEUTICS INC?
GYRE THERAPEUTICS INC (GYRE) has an RSI value of 47.0756. This indicates that the stock is currently neutral.
What is the MACD signal for GYRE THERAPEUTICS INC (GYRE) stock?
The MACD indicator for GYRE THERAPEUTICS INC (GYRE) has a value of 0.0146906, indicating a bearish trend.
Can you provide the support and resistance levels for GYRE THERAPEUTICS INC?
GYRE THERAPEUTICS INC (GYRE) has a support level at 7.53 and a resistance level at 7.76. Check the full technical report for our detailed analysis of GYRE support and resistance levels.