NASDAQ:GALT - Nasdaq - US3632252025 - Common Stock - Currency: USD
Overall GALT gets a technical rating of 0 out of 10. GALT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GALT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.30, a Stop Loss order could be placed below this zone.
1.20
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GALT is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GALT is neutral. |
ChartMill Relative Strength | 9.97 | NEGATIVE | GALT has a low relative strength, it was outperformed by 90.03% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GALT is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GALT is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GALT is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.63 | NEUTRAL | The RSI value for GALT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GALT has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 19.09 | OVERSOLD | The low Stochastics value suggests GALT may be oversold. |
Average True Range in percent/ATR (20) | 9.35 | HIGH VOLATILITY | The high ATR as a percentage value for GALT suggests high volalility. |
Average Directional Index/ADX (14) | 12.16 | NEGATIVE | The low ADX value for GALT suggests a weak or negative trend. |
1.31
+0.03 (+2.34%)