Is GCL Global Holdings Ltd. technically bullish or bearish?
As of October 1, 2023, GCL Global Holdings Ltd. has a bearish technical stance with mixed signals, showing a year-to-date decline of 79.08% compared to the S&P 500's gain of 12.22%.
As of 1 October 2023, the technical stance for GCL Global Holdings Ltd. is bearish with mild strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating mixed signals. The RSI shows a bullish signal on the monthly timeframe but no signal on the weekly. Both the Bollinger Bands and moving averages are bearish, with the daily moving average confirming a bearish trend. Dow Theory presents a mildly bearish stance on the weekly and mildly bullish on the monthly, adding to the mixed outlook. The KST and OBV are both mildly bearish on the weekly. In terms of performance, GCL has significantly underperformed the S&P 500 across all multi-period returns, with a year-to-date decline of 79.08% compared to the S&P 500's gain of 12.22%.
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