CYTOMED THERAPEUTICS LTD (GDTC) Technical Analysis
NASDAQ:GDTC • SGXZ17669631
Current stock price
GDTC Technical Rating and Analysis
Overall GDTC gets a technical rating of 1 out of 10. GDTC'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 94% of all other stocks performed better in the past year than GDTC.
- GDTC is one of the lesser performing stocks in the Biotechnology industry. 79% of 519 stocks in the same industry do better.
- GDTC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GDTC is lagging the market.
- In the last month GDTC has a been trading in the 0.90 - 1.08 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
GDTC Weekly and Daily overview Charts
GDTC Setup Rating and Analysis
Although the technical rating is bad, GDTC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GDTC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GDTC Support and Resistance Analysis
1.02
We found 1 important support area.
- A support zone ranging from 1.03 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.17 to 1.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.89 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.31 to 2.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
GDTC 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 | DOWN | NEGATIVE | The long term trend for GDTC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GDTC is neutral. |
| ChartMill Relative Strength | 6.41 | NEGATIVE | GDTC has a low relative strength, it was outperformed by 93.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GDTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.85 | NEUTRAL | The RSI value for GDTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GDTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.82 | OVERBOUGHT | The high Stochastics value suggests GDTC may be overbought. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for GDTC suggests high volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for GDTC suggests a weak or negative trend. |
GDTC Chart- and CandleStick Pattern Analysis
GDTC Technicals: Chart, Performance Metrics, Trend & Indicators
1.06
-0.01 (-0.93%)
CYTOMED THERAPEUTICS LTD / GDTC TA FAQ
Can you provide the ChartMill technical rating for CYTOMED THERAPEUTICS LTD?
ChartMill assigns a technical rating of 1 / 10 to GDTC.
What is the trend direction for GDTC stock?
The current trend direction for CYTOMED THERAPEUTICS LTD (GDTC) is Bearish.
What is the RSI signal for CYTOMED THERAPEUTICS LTD (GDTC) stock?
CYTOMED THERAPEUTICS LTD (GDTC) has an RSI value of 49.8502. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CYTOMED THERAPEUTICS LTD?
The short term momentum for CYTOMED THERAPEUTICS LTD (GDTC) is neutral.
What are the support and resistance levels for CYTOMED THERAPEUTICS LTD (GDTC) stock?
CYTOMED THERAPEUTICS LTD (GDTC) has a support level at 1.06 and a resistance level at 1.17. Check the full technical report for our detailed analysis of GDTC support and resistance levels.