GALECTIN THERAPEUTICS INC (GALT) Stock Technical Analysis
NASDAQ:GALT - US3632252025 - Common Stock
4.25 USD
0 (0%)
Taking everything into account, GALT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GALT is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
GALT is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 547 stocks in the same industry.
GALT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GALT has a been trading in the 3.46 - 4.41 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, GALT did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, GALT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for GALT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.27
4.29
When analyzing the support we can see 2 important areas.
- Support @4.05 from a trend line in the daily time frame.
- Support @3.30 from a trend line in the daily time frame.
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 | UP | POSITIVE | The long term trend for GALT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GALT is up. |
| ChartMill Relative Strength | 97.9 | POSITIVE | GALT has a high relative strength, it outperformed 97.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GALT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GALT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GALT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.2 | NEUTRAL | The RSI value for GALT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GALT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.21 | NEUTRAL | The Stochastics value for GALT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for GALT suggests high volalility. |
| Average Directional Index/ADX (14) | 62.6 | POSITIVE | The high ADX value value for GALT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.36 | 4.04 | 0.32 (7.31%) | 13.67% |
| An entry @4.36. This is a Buy Stop order right above the 10 day high. | An exit @4.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 7.31%. | For a 1.00% total portfolio risk, you can invest 13.67% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GALT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:GALT (8/29/2025, 12:05:44 PM)
4.25
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week9.54%
2 Weeks13.03%
1 Month16.76%
3 Month224.43%
6 Month170.7%
12 Month57.7%
2 Year142.86%
3 Year123.68%
5 Year60.38%
10 Year92.31%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%7.11%
ATR Inc0.18%
Range Today0.15
ADR(20)0.3
ADR(20)%7.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.9
Mansfield8.48
10 Day High4.35
10 Day Low3.5
20 Day High4.41
20 Day Low3.47
52 Week High4.41
52 Week Low0.73
CS1 End4.05
CR1 StartN/A
Volume & EV
DER(3)4.74%
DER(5)10.74%
Volume90.20K
Volume Incr-29.86%
Vol(5)201.16K
Vol(50)536.97K