(GIGM) Gigamedia complete technical analysis [charts+indicators] | Buy/Sell Gigamedia | (GIGM) share price targets
Complete technical analysis of Gigamedia (GIGM) by charts plus indicators, forecast predictions and share price targets for Gigamedia (GIGM)
Gigamedia trades in USA in Technology sector.
10 day averaged volume of Gigamedia is 6266
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 1.32 | 1.31 | 1.36 | 1.31 | 0.479 times |
| 30 Thu May 2024 | 1.34 | 1.31 | 1.34 | 1.30 | 1.325 times |
| 29 Wed May 2024 | 1.32 | 1.30 | 1.32 | 1.29 | 0.543 times |
| 28 Tue May 2024 | 1.30 | 1.30 | 1.32 | 1.30 | 1.899 times |
| 23 Thu May 2024 | 1.34 | 1.34 | 1.37 | 1.31 | 1.372 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.3 as stoploss in an intra day buy trade for a target of 1.35. However, stock will show a bearish move below 1.3.
Share price targets for Gigamedia (GIGM)
| Target Type | Value |
| Downside Target | 1.23 |
| Upside Target | 1.38 |
| Upside Target | 1.40 |
| Upside Target | 1.41 |
| Upside Target | 1.45 |
| Upside Target | 1.50 |
Intraday share price targets for Gigamedia (GIGM)
| Target Type | Value |
| Downside Intraday Target | 1.29 |
| Downside Intraday Target | 1.25 |
| Upside Intraday Target | 1.36 |
| Upside Intraday Target | 1.39 |
| Upside Intraday Target | 1.32 |
Weekly technical analysis of Gigamedia (GIGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 1.32 | 1.30 | 1.36 | 1.29 | 1.4 times |
| 23 Thu May 2024 | 1.34 | 1.34 | 1.38 | 1.31 | 0.837 times |
| 17 Fri May 2024 | 1.36 | 1.33 | 1.40 | 1.32 | 1.262 times |
| 10 Fri May 2024 | 1.32 | 1.41 | 1.41 | 1.31 | 0.297 times |
| 03 Fri May 2024 | 1.40 | 1.35 | 1.40 | 1.28 | 0.677 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Gigamedia (GIGM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 1.32 | 1.37 | 1.41 | 1.29 | 0.436 times |
| 30 Tue Apr 2024 | 1.35 | 1.29 | 1.38 | 1.25 | 1.229 times |
| 28 Thu Mar 2024 | 1.28 | 1.29 | 1.34 | 1.23 | 0.719 times |
| 29 Thu Feb 2024 | 1.29 | 1.40 | 1.45 | 1.26 | 1.711 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Gigamedia (GIGM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 67, 50, 14 | Buy |
| MACD | -0, -0 | Sell |
| Stochastics | 35 | None |
| CCI | -23 | Buy |
| RSI | 48 | Sell |
| OBV | 2847 | Sell |
| VWAP | 1 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Gigamedia ( (GIGM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Gigamedia ( (GIGM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Gigamedia ( (GIGM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Gigamedia ( (GIGM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Gigamedia stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Gigamedia in short term and the sell signal is strong.
Gigamedia Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Gigamedia in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Gigamedia is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.34 and Gigamedia (GIGM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Gigamedia (GIGM) stock. Volume based technical analysis of Gigamedia (GIGM) stock is negative.
Gigamedia Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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