Amber List

GIG

6.3σ
decline sigma — volatility-normalized move (typical daily 8.73%)
Current
$5.16
Decline depth
Decline σ
6.3σ
TFC
0/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$GIG landed on the list 2026-05-05, down 33.4% from its 52-week high that day — now $5.16.

That's 25.3 percentage points deeper than the day it joined. It bottomed 61.8% below that high along the way.

Decline from the 52-week high as it stood on 2026-05-05 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

GIG qualifies for the Amber List on decline sigma.

Decline depth
Not currently in the rolling-252-day ≥20% decline universe.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
6.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (8.73% per day). Past the ≥6σ Amber threshold.

The structural read

What price action says about GIG.

GIG qualifies for the Amber List on decline sigma — the recent drop measures 6.3σ over a 20-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.

52-week range

52W low $4.17 15.0% of range 52W high $10.75

Questions about GIG

What people ask.

Why is GIG on Broken Stocks?

GIG qualifies for the Amber List on decline sigma. The recent drop measures 6.3σ over a 20-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (8.73%).

Is GIG a falling knife?

GIG is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.

Is GIG a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is GIG trading inside its 52-week range?

At $5.16, GIG sits 15.0% of the way from its 52-week low ($4.17) to its 52-week high ($10.75). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.