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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GANX is a bad performer in the overall market: 63% of all stocks are doing better.
- 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 1.75 - 3.45 range, which is quite wide. It is currently trading near the lows of this range.
- GANX has an average volume of 1680100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GANX is part of the Biotechnology industry. There are 525 other stocks in this industry, GANX did better than 52% of them.
GANX has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.64
We found 3 important support areas.
- Support @1.84 from a trend line in the daily time frame.
- A support zone ranging from 1.80 to 1.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.09 to 2.10. 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 GANX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GANX is down. |
| ChartMill Relative Strength | 37.01 | NEUTRAL | GANX is not amongst the best or worst performers 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 | MIXED | The current price of GANX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GANX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.8 | NEUTRAL | The RSI value for GANX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GANX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.1 | OVERSOLD | The low Stochastics value suggests GANX may be oversold. |
| Average True Range in percent/ATR (20) | 14.09 | HIGH VOLATILITY | The high ATR as a percentage value for GANX suggests high volalility. |
| Average Directional Index/ADX (14) | 42.62 | POSITIVE | The high ADX value value for GANX suggests a strong trend. |
2.08
+0.11 (+5.58%)
GAIN THERAPEUTICS INC / GANX FAQ
Can you provide the ChartMill technical rating for GAIN THERAPEUTICS INC?
ChartMill assigns a technical rating of 1 / 10 to GANX.
What is the current trend direction of GAIN THERAPEUTICS INC (GANX) stock?
The current trend direction for GAIN THERAPEUTICS INC (GANX) is Bearish.
Can you provide the RSI signal for GAIN THERAPEUTICS INC?
GAIN THERAPEUTICS INC (GANX) has an RSI value of 38.7959. This indicates that the stock is currently neutral.
What is the MACD signal for GANX stock?
The MACD indicator for GAIN THERAPEUTICS INC (GANX) has a value of -0.0582683, indicating a bearish trend.
Can you provide the short term momentum for GAIN THERAPEUTICS INC?
The short term momentum for GAIN THERAPEUTICS INC (GANX) is negative.