Taking everything into account, GDTC scores 0 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, GDTC is a bad performer in the overall market: 96% of all stocks are doing better.
- GDTC is one of the lesser performing stocks in the Biotechnology industry. 81% of 523 stocks in the same industry do better.
- GDTC 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month GDTC has a been trading in the 0.73 - 1.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GDTC 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
1.06
We can see 3 important resistance 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 @1.99 from a trend line in the weekly time frame.
- Resistance @2.31 from a horizontal line in the daily 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 GDTC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GDTC is neutral. |
| ChartMill Relative Strength | 4.97 | NEGATIVE | GDTC has a low relative strength, it was outperformed by 95.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GDTC is above a declining 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) | 48.64 | NEUTRAL | The RSI value for GDTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GDTC has a positive trend. |
| Stochastics (14,3) | 72.53 | NEUTRAL | The Stochastics value for GDTC is a neutral value. |
| Average True Range in percent/ATR (20) | 13.92 | HIGH VOLATILITY | The high ATR as a percentage value for GDTC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.7 | NEUTRAL | The ADX value for GDTC suggests a possible start of a new trend. |
1.07
-0.01 (-0.93%)
CYTOMED THERAPEUTICS LTD / GDTC FAQ
Can you provide the ChartMill technical rating for CYTOMED THERAPEUTICS LTD?
ChartMill assigns a technical rating of 0 / 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 48.6378. 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 resistance level at 1.17. Check the full technical report for our detailed analysis of GDTC support and resistance levels.