GAIN THERAPEUTICS INC (GANX) Stock Technical Analysis
USA - NASDAQ:GANX - US36269B1052 - Common Stock
1.74 USD
+0.16 (+10.13%)
1.7382 USD
0 (-0.1%)
Taking everything into account, GANX scores 1 out of 10 in our technical rating. GANX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
86% of all other stocks performed better in the past year than GANX.
GANX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GANX has a been trading in the 1.55 - 2.07 range, which is quite wide. It is currently trading near the lows of this range.
GANX is part of the Biotechnology industry. There are 538 other stocks in this industry, GANX did better than 41% of them.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, GANX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.59, a Stop Loss order could be placed below this zone. 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
1.49
2.03
2 important support areas can be observed.
- A support zone ranging from 1.58 to 1.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.51 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @1.84 from a trend line in the weekly time frame.
- Resistance @1.91 from a trend line in the daily time frame.
- A resistance zone ranging from 1.99 to 2.01. This zone is formed by a combination of multiple trend lines 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 GANX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GANX is neutral. |
| ChartMill Relative Strength | 14.68 | NEGATIVE | GANX has a low relative strength, it was outperformed by 85.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GANX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GANX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GANX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.64 | NEUTRAL | The RSI value for GANX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GANX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.67 | NEUTRAL | The Stochastics value for GANX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.17 | HIGH VOLATILITY | The high ATR as a percentage value for GANX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.7 | NEGATIVE | The low ADX value for GANX suggests a weak or negative 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)
1.74
+0.16 (+10.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg10.13%
1 Week6.1%
2 Weeks-1.14%
1 Month-11.68%
3 Month-11.68%
6 Month-7.94%
12 Month-12.56%
2 Year-46.95%
3 Year-46.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%8.17%
ATR Inc29.72%
Range Today0.19
ADR(20)0.14
ADR(20)%8.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.68
Mansfield-2.04
10 Day High1.78
10 Day Low1.56
20 Day High2.07
20 Day Low1.55
52 Week High3.19
52 Week Low1.41
CS1 End1.59
CR1 Start1.84
Volume & EV
DER(3)-0.74%
DER(5)-5.78%
Volume864.50K
Volume Incr35.4%
Vol(5)723.40K
Vol(50)452.56K