GAIN THERAPEUTICS INC (GANX) Stock Technical Analysis
NASDAQ:GANX - Nasdaq - US36269B1052 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GANX. GANX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
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 1.41 - 1.93 range, which is quite wide. It is currently trading near the lows of this range.
GANX is part of the Biotechnology industry. There are 551 other stocks in this industry. GANX outperforms 70% of them.
Looking at the yearly performance, GANX did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GANX has a bad technical rating, but it does show 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 GANX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.42
2.73
We found 1 important support area.
- A support zone ranging from 1.43 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @1.65 from a trend line in the daily time frame.
- A resistance zone ranging from 1.69 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.90 from a trend line in the weekly time frame.
- Resistance @2.01 from a horizontal line in the daily time frame.
- Resistance @2.70 from a horizontal line in the weekly 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 | 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 | 72.57 | POSITIVE | GANX has a high relative strength, it outperformed 72.57% 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) | DOWN | NEGATIVE | The current price of GANX is below a declining 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) | 42.21 | NEUTRAL | The RSI value for GANX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GANX has a negative trend. |
| Stochastics (14,3) | 32.31 | NEUTRAL | The Stochastics value for GANX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for GANX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.59 | 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)
1.49
-0.05 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.56%
1 Week2.05%
2 Weeks-11.31%
1 Month-15.82%
3 Month-23.2%
6 Month-42.91%
12 Month51.82%
2 Year-54.98%
3 Year-56.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.54%
ATR Inc3.41%
Range Today0.09
ADR(20)0.13
ADR(20)%8.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.57
Mansfield-2.73
10 Day High1.69
10 Day Low1.41
20 Day High1.93
20 Day Low1.41
52 Week High3.19
52 Week Low0.89
CS1 End1.43
CR1 Start1.65
Volume & EV
DER(3)1.91%
DER(5)7.59%
Volume285.40K
Volume Incr-3.23%
Vol(5)267.12K
Vol(50)284.92K