GENERATION BIO CO (GBIO) Stock Technical Analysis
USA - NASDAQ:GBIO - US37148K2096 - Common Stock
5.75 USD
-0.23 (-3.85%)
5.56 USD
-0.19 (-3.3%)
Taking everything into account, GBIO scores 4 out of 10 in our technical rating. In the past year, GBIO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, GBIO is a bad performer in the overall market: 87% of all stocks are doing better.
GBIO 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.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
GBIO is an average performer in the Biotechnology industry, it outperforms 42% of 540 stocks in the same industry.
In the last month GBIO has a been trading in the 5.51 - 6.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
GBIO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
4.96
6.52
We found 2 important support areas.
- Support @5.58 from a horizontal line in the daily time frame.
- Support @5.01 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.89 to 5.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.00 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.46 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 GBIO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GBIO is up. |
| ChartMill Relative Strength | 13.3 | NEGATIVE | GBIO has a low relative strength, it was outperformed by 86.7% 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 | POSITIVE | The current price of GBIO is above the rising 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) | 49.96 | NEUTRAL | The RSI value for GBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GBIO has a negative trend. |
| Stochastics (14,3) | 40.92 | NEUTRAL | The Stochastics value for GBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for GBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 26 | POSITIVE | The high ADX value value for GBIO suggests a strong 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)
5.75
-0.23 (-3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.85%
1 Week-3.04%
2 Weeks-4.01%
1 Month-8.44%
3 Month51.32%
6 Month14.29%
12 Month-79.32%
2 Year-84.83%
3 Year-89.17%
5 Year-98.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.61%
ATR Inc-9.21%
Range Today0.3
ADR(20)0.32
ADR(20)%5.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.3
Mansfield-4.17
10 Day High6.25
10 Day Low5.51
20 Day High6.55
20 Day Low5.51
52 Week High29.1
52 Week Low3
CS1 End5.58
CR1 Start5.89
Volume & EV
DER(3)-13.6%
DER(5)-35.25%
Volume81.90K
Volume Incr16.59%
Vol(5)99.18K
Vol(50)820.32K