Technical Analysis for GSM - Globe Specialty Metals Inc.

Grade Last Price % Change Price Change
C 5.64 2.17% 0.12
GSM closed up 2.17 percent on Wednesday, July 3, 2024, on 38 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
50 DMA Resistance Bearish 2.17%
20 DMA Support Bullish 2.17%
MACD Bullish Signal Line Cross Bullish 2.17%
Pocket Pivot Bullish Swing Setup 2.17%
Up 3 Days in a Row Strength 2.17%

   Recent Intraday Alerts

Alert Time
Up 3% about 11 hours ago
Up 1 ATR about 11 hours ago
Rose Above Previous Day's High about 11 hours ago
Rose Above 50 DMA about 11 hours ago
Up 2% about 11 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 Silicone Solar Cells Metallurgical Coal Reducing Agents Dietary Minerals Metallurgy Magnesium Ceramic Materials 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 6.745
52 Week Low 4.2331
Average Volume 1,335,368
200-Day Moving Average 5.28
50-Day Moving Average 5.55
20-Day Moving Average 5.45
10-Day Moving Average 5.34
Average True Range 0.17
RSI (14) 57.98
ADX 22.32
+DI 29.95
-DI 21.71
Chandelier Exit (Long, 3 ATRs) 5.54
Chandelier Exit (Short, 3 ATRs) 5.52
Upper Bollinger Bands 5.91
Lower Bollinger Band 5.00
Percent B (%b) 0.71
BandWidth 16.59
MACD Line -0.04
MACD Signal Line -0.07
MACD Histogram 0.0285
Fundamentals Value
Market Cap 1.06 Billion
Num Shares 187 Million
EPS 0.50
Price-to-Earnings (P/E) Ratio 11.28
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) 5.89
Resistance 3 (R3) 5.89 5.81 5.85
Resistance 2 (R2) 5.81 5.75 5.81 5.83
Resistance 1 (R1) 5.73 5.71 5.77 5.72 5.82
Pivot Point 5.65 5.65 5.67 5.65 5.65
Support 1 (S1) 5.56 5.59 5.61 5.56 5.46
Support 2 (S2) 5.48 5.55 5.48 5.45
Support 3 (S3) 5.40 5.48 5.43
Support 4 (S4) 5.39