Investor Focus on Shares of Global Geoscience Ltd (GSC.AX)


Technical analysts may be interested in how Global Geoscience Ltd (GSC.AX) is trading in relation to some moving averages. Presently, the 200-day MA is resting at 0.1, and the 50-day is 0.17. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader calculate reliable support and resistance levels for the stock.

The 14-day ADX for Global Geoscience Ltd (GSC.AX) is currently at 22.33. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend. Checking in on some other technical levels, the 14-day RSI is currently at 50.09, the 7-day stands at 40.38, and the 3-day is sitting at 13.66. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings.

At the time of writing, Global Geoscience Ltd (GSC.AX) has a 14-day Commodity Channel Index (CCI) of -39.46. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. Investors may be watching other technical indicators such as the Williams…

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