GENERATION BIO CO (GBIO) Stock Technical Analysis
NASDAQ:GBIO • US37148K2096
Taking everything into account, GBIO scores 2 out of 10 in our technical rating. GBIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, GBIO is a bad performer in the overall market: 80% of all stocks are doing better.
- In the last month GBIO has a been trading in the 5.34 - 5.77 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- GBIO is an average performer in the Biotechnology industry, it outperforms 44% of 521 stocks in the same industry.
- GBIO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GBIO is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of GBIO is bad and it also does not present a quality setup 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
4.95
When analyzing the support we notice one important area.
- A support zone ranging from 5.00 to 5.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @5.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.61 to 5.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.66 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for GBIO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBIO is neutral. |
| ChartMill Relative Strength | 20.53 | NEGATIVE | GBIO has a low relative strength, it was outperformed by 79.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GBIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GBIO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GBIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.71 | NEUTRAL | The RSI value for GBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GBIO has a negative trend. |
| Stochastics (14,3) | 52.43 | NEUTRAL | The Stochastics value for GBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for GBIO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.8 | NEGATIVE | The low ADX value for GBIO suggests a weak or negative trend. |
5.34
-0.4 (-6.97%)
GENERATION BIO CO / GBIO FAQ
Can you provide the ChartMill technical rating for GENERATION BIO CO?
ChartMill assigns a technical rating of 2 / 10 to GBIO.
Can you provide the trend direction for GENERATION BIO CO?
The current trend direction for GENERATION BIO CO (GBIO) is Bearish.
Can you provide the RSI signal for GENERATION BIO CO?
GENERATION BIO CO (GBIO) has an RSI value of 39.7096. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GENERATION BIO CO?
The MACD indicator for GENERATION BIO CO (GBIO) has a value of -0.0198318, indicating a bearish trend.
What are the support and resistance levels for GENERATION BIO CO (GBIO) stock?
GENERATION BIO CO (GBIO) has a support level at 5.01 and a resistance level at 5.36. Check the full technical report for our detailed analysis of GBIO support and resistance levels.