GENERATION BIO CO (GBIO) Stock Technical Analysis
NASDAQ:GBIO - Nasdaq - US37148K1007 - Common Stock - Currency: USD
Taking everything into account, GBIO scores 1 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, GBIO is a bad performer in the overall market: 97% of all stocks are doing better.
GBIO is one of the lesser performing stocks in the Biotechnology industry. 80% of 558 stocks in the same industry do better.
GBIO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GBIO has a been trading in the 0.30 - 0.41 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
0.38
0.44
We found 2 important support areas.
- Support @0.39 from a trend line in the daily time frame.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @0.43 from a trend line in the daily time frame.
- A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 3.4 | NEGATIVE | GBIO has a low relative strength, it was outperformed by 96.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GBIO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GBIO is above 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) | 54.7 | NEUTRAL | The RSI value for GBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GBIO has a positive trend. |
| Stochastics (14,3) | 85.04 | OVERBOUGHT | The high Stochastics value suggests GBIO may be overbought. |
| Average True Range in percent/ATR (20) | 7.61 | HIGH VOLATILITY | The high ATR as a percentage value for GBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.34 | 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)
0.3864
+0.01 (+3.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.62%
1 Week12.65%
2 Weeks8.81%
1 Month-0.92%
3 Month-0.23%
6 Month-58.25%
12 Month-85.85%
2 Year-92.39%
3 Year-93.94%
5 Year-98.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.61%
ATR Inc-32.67%
Range Today0.03
ADR(20)0.03
ADR(20)%7.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.4
Mansfield-7.27
10 Day High0.4
10 Day Low0.3
20 Day High0.41
20 Day Low0.3
52 Week High3.65
52 Week Low0.3
CS1 End0.39
CR1 Start0.43
Volume & EV
DER(3)2.59%
DER(5)0.4%
Volume1.13M
Volume Incr-27.73%
Vol(5)827.88K
Vol(50)782.34K