GLOBAL BLOOD THERAPEUTICS IN (GBT)

US37890U1088 - Common Stock

68.49  +0.01 (+0.01%)

After market: 68.49 0 (0%)

Technical Rating and Analysis

10

Overall GBT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GBT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GBT did better than 99% of all other stocks.
GBT is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 588 stocks in the same industry.
GBT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GBT is leading the market.
GBT has an average volume of 4159860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GBT has a been trading in a tight range between 67.54 and 68.49.
Weekly and Daily overview Charts
GBT Weekly chart
GBT Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, GBT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 68.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 68.15, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

46.13

69.19

2 important support areas can be observed.

  • A support zone ranging from 67.62 to 68.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @46.60 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 68.50 to 68.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.73
Mansfield10.13
10 Day High68.49
10 Day Low67.65
20 Day High68.49
20 Day Low67.54
52 Week High73.02
52 Week Low21.65
Performance
1 Week0.45%
2 Weeks0.88%
1 Month0.9%
3 Month96.53%
6 Month96.81%
12 Month131.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.52
RSI(14)77.11
LBB67.51
UBB68.52
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
68.5167.640.87 (1.27%)25.00%
An entry @68.51. This is a Buy Stop order right above the resistance zone.An exit @67.64. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.87 points, which is 1.27%.For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GBT Daily chart

GLOBAL BLOOD THERAPEUTICS IN

NASDAQ:GBT (10/4/2022, 7:00:01 PM)

After market: 68.49 0 (0%)

68.49

+0.01 (+0.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.01%
1 Week0.45%
2 Weeks0.88%
1 Month0.9%
3 Month96.53%
6 Month96.81%
12 Month131.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%0.45%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High68.49
10 Day Low67.65
20 Day High68.49
20 Day Low67.54
52 Week High73.02
52 Week Low21.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.28M
Volume Incr-2.68%
Vol(5)2.78M
Vol(50)4.16M