Technical Analysis for GSM - Globe Specialty Metals Inc.

Grade Last Price % Change Price Change
C 4.41 -1.56% -0.07
GSM closed down 0.22 percent on Wednesday, November 20, 2024, on 77 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish -1.56%
Lizard Bearish Bearish Day Trade Setup -1.56%
Upper Bollinger Band Touch Strength -1.56%
50 DMA Support Bullish -1.78%
Crossed Above 20 DMA Bullish -2.65%
Crossed Above 50 DMA Bullish -2.65%
MACD Bullish Signal Line Cross Bullish -2.65%
Pocket Pivot Bullish Swing Setup -2.65%
Oversold Stochastic Weakness -2.65%
20 DMA Resistance Bearish 4.26%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 1 hour ago
Down 1% about 2 hours ago
Lizard Bearish Entry about 3 hours ago
Shooting Star Candlestick Entry about 3 hours ago
Fell Below Previous Day's Low about 3 hours ago

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Profile

Globe Specialty Metals Inc. Description

Globe Specialty Metals, Inc., together with its subsidiaries, produces and sells silicon metal and silicon-based alloys primarily in North America, Europe, South America, and Asia. The company primarily offers silicon metal that is used as a raw material for silicone compounds, aluminum, and polysilicon. It also produces silicon-based alloys, such as ferrosilicon; magnesium-ferrosilicon-based alloys known as nodularizers; ferrosilicon-based alloys known as inoculants; calcium silicon alloys; and cored-wire silicon-based alloy products, as well as carbon electrodes, silica fume, and fines. The silicon-based alloy products are used as raw materials for steel, automotive components, and ductile iron. In addition, the company processes and supplies specialty metallurgical coal to other silicon and silicon-based alloy producers. Its customers include silicone chemical, aluminum, and steel manufacturers; auto companies and their suppliers; ductile iron foundries; manufacturers of photovoltaic solar cells and computer chips; and concrete producers. The company was formerly known as International Metal Enterprises, Inc. and changed its name to Globe Specialty Metals, Inc. in November 2006. Globe Specialty Metals, Inc. was incorporated in 2004 and is headquartered in New York, New York.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Steel Natural Sciences Chemical Elements Alloys Solar Cells Silicone Metallurgical Coal Metallurgy Reducing Agents Dietary Minerals Ceramic Materials Magnesium Steel Manufacturers Silicon

Is GSM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 6.7247
52 Week Low 3.995
Average Volume 1,302,492
200-Day Moving Average 4.91
50-Day Moving Average 4.36
20-Day Moving Average 4.28
10-Day Moving Average 4.26
Average True Range 0.19
RSI (14) 55.56
ADX 15.97
+DI 32.29
-DI 16.37
Chandelier Exit (Long, 3 ATRs) 4.16
Chandelier Exit (Short, 3 ATRs) 4.57
Upper Bollinger Bands 4.60
Lower Bollinger Band 3.96
Percent B (%b) 0.81
BandWidth 15.09
MACD Line -0.01
MACD Signal Line -0.04
MACD Histogram 0.0354
Fundamentals Value
Market Cap 839.7 Million
Num Shares 187 Million
EPS 0.50
Price-to-Earnings (P/E) Ratio 8.96
Price-to-Sales 0.57
Price-to-Book 1.28
PEG Ratio 9.51
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.76
Resistance 3 (R3) 4.78 4.72 4.71
Resistance 2 (R2) 4.72 4.65 4.70 4.70
Resistance 1 (R1) 4.60 4.60 4.57 4.57 4.68
Pivot Point 4.53 4.53 4.52 4.52 4.53
Support 1 (S1) 4.41 4.46 4.38 4.39 4.28
Support 2 (S2) 4.35 4.42 4.33 4.26
Support 3 (S3) 4.23 4.35 4.25
Support 4 (S4) 4.20