GENERATION BIO CO (GBIO) Technical Analysis
NASDAQ:GBIO • US37148K2096
Current stock price
GBIO Technical Rating and Analysis
Overall GBIO gets a technical rating of 2 out of 10. 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.
- 80% of all other stocks performed better in the past year than GBIO.
- GBIO is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 60% are performing better than GBIO.
- 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- GBIO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GBIO is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
GBIO Weekly and Daily overview Charts
GBIO Setup Rating and Analysis
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
GBIO Support and Resistance Analysis
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.
When analyzing the resistance we notice 3 important areas.
- 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.
GBIO 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 | 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. |
GBIO Chart- and CandleStick Pattern Analysis
GBIO Technicals: Chart, Performance Metrics, Trend & Indicators
5.34
-0.4 (-6.97%)
GENERATION BIO CO / GBIO TA 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.