Technical Analysis for GSM - Globe Specialty Metals Inc.

Grade Last Price % Change Price Change
D 4.23 4.96% 0.20
GSM closed up 4.96 percent on Friday, November 15, 2024, on 1.4 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Slingshot Bearish Bearish Swing Setup 0.00%
Stochastic Buy Signal Bullish 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 4.96%
Calm After Storm Range Contraction 4.96%
NR7 Range Contraction 4.96%
NR7-2 Range Contraction 4.96%
Narrow Range Bar Range Contraction 4.96%

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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 1,294,417
200-Day Moving Average 4.92
50-Day Moving Average 4.35
20-Day Moving Average 4.27
10-Day Moving Average 4.22
Average True Range 0.18
RSI (14) 47.64
ADX 12.59
+DI 27.35
-DI 22.02
Chandelier Exit (Long, 3 ATRs) 4.20
Chandelier Exit (Short, 3 ATRs) 4.53
Upper Bollinger Bands 4.57
Lower Bollinger Band 3.97
Percent B (%b) 0.44
BandWidth 13.98
MACD Line -0.08
MACD Signal Line -0.06
MACD Histogram -0.016
Fundamentals Value
Market Cap 792.85 Million
Num Shares 187 Million
EPS 0.50
Price-to-Earnings (P/E) Ratio 8.46
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) 4.53
Resistance 3 (R3) 4.52 4.40 4.48
Resistance 2 (R2) 4.40 4.33 4.41 4.46
Resistance 1 (R1) 4.32 4.28 4.36 4.33 4.45
Pivot Point 4.20 4.20 4.23 4.21 4.20
Support 1 (S1) 4.12 4.13 4.16 4.13 4.01
Support 2 (S2) 4.00 4.08 4.01 4.00
Support 3 (S3) 3.92 4.00 3.98
Support 4 (S4) 3.93