Here is some information about Gorilla Technology Group Inc. (GRRR):
- Recent Performance: GRRR's stock experienced a significant increase of 6.13% on September 3, 2024, with the closing price reaching $3.291. This follows a net fund flow of $14,005.41 into the stock on the same day2, indicating strong investor interest.
- Technical Indicators: The stock's technical indicators show a 5-day moving average of $3.10 and a 10-day moving average of $2.873, suggesting a short-term upward trend. The MACD is at 0.23, and the RSI is at 76.84, which are both within healthy ranges.
- Support and Resistance Levels: The current support level is at $3.04, and the resistance level is at $3.165, which could be important levels to watch for potential future movements.
- Analyst Ratings and Price Targets: There is no available data on analyst ratings or price targets for GRRR67. This could indicate a lack of coverage or interest from the analyst community.
- Market Sentiment: Despite the recent positive performance, the stock has experienced significant volatility, with a 52-week range of $2.09 to $16.2010. The sentiment is currently bullish, with a Fear & Greed Index indicating fear11.
- Company Overview: Gorilla Technology provides solutions in security, network, business intelligence, and IoT technology12. The company has a Smart Score of 3, indicating mixed analyst recommendations13.
- Stock Forecast: The stock price prediction for tomorrow is $3.21, with a 12.74% increase expected11. However, the long-term forecast for 2030 suggests a significant decline to $0.699703, indicating a bearish outlook11.
In conclusion, Gorilla Technology's stock shows recent positive momentum, but the lack of analyst coverage and the mixed long-term outlook warrant careful consideration for investors.