GIGM NEWS why is Gigamedia Limited price falling or rising

GIGM NEWS reasons for why stock price of Gigamedia Limited is falling or rising

GIGM Gigamedia is falling or rising technical reasons

Technical analysis forecast of Gigamedia Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Gigamedia GIGM at this time. Stock is rising and might rise more.

It appears as if Gigamedia GIGM gave a large move recently.

Stock of Gigamedia (GIGM) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Gigamedia is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Gigamedia stays above 1.3, but if it comes below 1.3, then a intra day sell could be more profitable.
If you take a sell trade below 1.3, then use 1.3 as stoploss and 1.31 as target. However if you take a buy trade in Gigamedia, then use 1.3 as stoploss and 1.4 as target.

GIGM Gigamedia is falling or rising NEWS fundamental reasons

More announcements and NEWS

GIGM Gigamedia Limited current price & indicator signals

Moving Averages for Gigamedia Limited

  • 5Day Average: 1.33
  • 12Day Average: 1.33
  • 20Day Average: 1.32
  • 50Day Average: 1.3
  • 100Day Average: 1.32
  • 150Day Average: 1.32
  • 200Day Average: 1.34

GIGM Indicators & signals

Indicator MACD (12,26,9)

1.32, 1.32, -0.01
Indicator MACD is in positive zone

Indicator ADX (14)

33.33, 50, 25
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GIGM Gigamedia Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Fri Aug 2024 1.34 1.30 to 1.36 1.52% 4.18 times
22 Thu Aug 2024 1.32 1.31 to 1.32 -1.49% 1.48 times
21 Wed Aug 2024 1.34 1.31 to 1.36 1.52% 0.59 times
20 Tue Aug 2024 1.32 1.31 to 1.34 0.76% 0.25 times
19 Mon Aug 2024 1.31 1.31 to 1.37 0% 0.09 times
16 Fri Aug 2024 1.31 1.31 to 1.33 -2.24% 0.32 times
15 Thu Aug 2024 1.34 1.31 to 1.34 0% 0.09 times
14 Wed Aug 2024 1.34 1.31 to 1.35 0% 0.47 times
13 Tue Aug 2024 1.34 1.31 to 1.35 -0.74% 0.84 times
12 Mon Aug 2024 1.35 1.33 to 1.35 3.05% 0.15 times
09 Fri Aug 2024 1.31 1.30 to 1.34 0% 5.71 times
08 Thu Aug 2024 1.31 1.30 to 1.32 -1.5% 0.23 times

Videos related to: GIGM NEWS why is Gigamedia Limited price falling or rising

Videos related to: GIGM NEWS why is Gigamedia Limited price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

GIGM NEWS why is Gigamedia Limited price falling or rising

 

Back to top