GANX Technical Analysis - GAIN THERAPEUTICS INC

Technical Rating and Analysis

Overall GANX gets a technical rating of 6 out of 10. GANX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, GANX is a bad performer in the overall market: 73% of all stocks are doing better.

Both the short term and long term trends are positive. This is a very positive sign.

GANX is part of the Biotechnology industry. There are 536 other stocks in this industry, GANX did better than 46% of them.

GANX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GANX is lagging the market.

In the last month GANX has a been trading in the 1.56 - 2.40 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

GAIN THERAPEUTICS INC / GANX Weekly stock chart

GAIN THERAPEUTICS INC / GANX Daily stock chart

Setup Rating and Analysis

Although the technical rating is only medium, GANX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.66, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.52

2.22

We found 2 important support areas.

A support zone ranging from 1.66 to 1.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @1.54 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

Resistance @2.00 from a horizontal line in the weekly time frame.
A resistance zone ranging from 2.18 to 2.20. This zone is formed by a combination of multiple trend lines in the daily time frame.

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Technical Indicator Signal Analysis

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 GANX is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for GANX is up.
ChartMill Relative Strength	27.28	NEGATIVE	GANX has a low relative strength, it was outperformed by 72.72% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of GANX is above the rising 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)	UP	MIXED	The current price of GANX is below the rising SMA(200).
Relative Strength Index/RSI (14)	52.21	NEUTRAL	The RSI value for GANX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests GANX has a positive trend, although the MACD value is declining.
Stochastics (14,3)	44.23	NEUTRAL	The Stochastics value for GANX is a neutral value.
Average True Range in percent/ATR (20)	9.03	HIGH VOLATILITY	The high ATR as a percentage value for GANX suggests high volalility.
Average Directional Index/ADX (14)	34.08	POSITIVE	The high ADX value value for GANX suggests a strong trend.