GALECTIN THERAPEUTICS INC (GALT) Technical Analysis
NASDAQ:GALT • US3632252025
We assign a technical rating of 3 out of 10 to GALT. Although GALT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- Looking at the yearly performance, GALT did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- GALT is an average performer in the Biotechnology industry, it outperforms 62% of 519 stocks in the same industry.
- GALT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GALT is lagging the market slightly.
- In the last month GALT has a been trading in the 2.62 - 3.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, GALT does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
2.68
3 important support areas can be observed.
- Support @2.91 from a trend line in the weekly time frame.
- Support @2.81 from a trend line in the daily time frame.
- A support zone ranging from 2.71 to 2.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.13 to 3.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.30 from a trend line in the daily time frame.
- A resistance zone ranging from 3.36 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 81.96 | POSITIVE | GALT has a high relative strength, it outperformed 81.96% 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) | DOWN | NEGATIVE | The current price of GALT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GALT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.67 | NEUTRAL | The RSI value for GALT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GALT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.51 | NEUTRAL | The Stochastics value for GALT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for GALT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.38 | NEGATIVE | The low ADX value for GALT suggests a weak or negative trend. |
GALT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:GALT (3/13/2026, 11:40:53 AM)
3.13
-0.03 (-0.95%)
GALECTIN THERAPEUTICS INC / GALT FAQ
What is the technical rating for GALT stock?
ChartMill assigns a technical rating of 3 / 10 to GALT.
What is the trend direction for GALT stock?
The current trend direction for GALECTIN THERAPEUTICS INC (GALT) is Bearish.
What is the RSI signal for GALECTIN THERAPEUTICS INC (GALT) stock?
GALECTIN THERAPEUTICS INC (GALT) has an RSI value of 51.6713. This indicates that the stock is currently neutral.
What is the MACD signal for GALECTIN THERAPEUTICS INC (GALT) stock?
The MACD indicator for GALECTIN THERAPEUTICS INC (GALT) has a value of 0.0366777, indicating a bearish trend.
What is the support and resistance level for GALT stock?
GALECTIN THERAPEUTICS INC (GALT) has a support level at 2.91 and a resistance level at 3.17. Check the full technical report for our detailed analysis of GALT support and resistance levels.