GENERATION BIO CO (GBIO) Stock Technical Analysis
NASDAQ:GBIO - Nasdaq - US37148K1007 - Common Stock - Currency: USD
Overall GBIO gets a technical rating of 0 out of 10. GBIO 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.
98% of all other stocks performed better in the past year than GBIO.
GBIO is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 85% are performing better than GBIO.
GBIO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month GBIO has a been trading in the 0.30 - 0.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of GBIO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.30
0.44
3 important resistance areas can be observed.
- Resistance @0.35 from a trend line in the daily time frame.
- Resistance @0.40 from a trend line in the daily time frame.
- Resistance @0.44 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 | DOWN | NEGATIVE | The long term trend for GBIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GBIO is down. |
| ChartMill Relative Strength | 2.29 | NEGATIVE | GBIO has a low relative strength, it was outperformed by 97.71% 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) | DOWN | NEGATIVE | The current price of GBIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.44 | NEUTRAL | The RSI value for GBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GBIO has a negative trend. |
| Stochastics (14,3) | 5.58 | OVERSOLD | The low Stochastics value suggests GBIO may be oversold. |
| Average True Range in percent/ATR (20) | 11.57 | HIGH VOLATILITY | The high ATR as a percentage value for GBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.03 | NEGATIVE | The low ADX value for GBIO 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)
0.3004
-0.05 (-15.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-15.4%
1 Week-20.95%
2 Weeks-21.57%
1 Month-22.97%
3 Month-29.78%
6 Month-71.93%
12 Month-89.35%
2 Year-94.54%
3 Year-95.42%
5 Year-98.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%11.57%
ATR Inc18.51%
Range Today0.07
ADR(20)0.03
ADR(20)%11.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.29
Mansfield-7.98
10 Day High0.41
10 Day Low0.3
20 Day High0.45
20 Day Low0.3
52 Week High3.65
52 Week Low0.3
CS1 EndN/A
CR1 Start0.35
Volume & EV
DER(3)-24.69%
DER(5)-17.91%
Volume7.39M
Volume Incr232.9%
Vol(5)1.86M
Vol(50)652.26K