Logo image of GEMP

Gemphire Therapeutics Inc (GEMP) Stock Technical Analysis

USA - NASDAQ:GEMP -

0.3
0 (-0.37%)
Last: 12/30/2019, 9:09:12 PM
0.3
0 (0%)
After Hours: 12/30/2019, 9:09:12 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to GEMP. GEMP'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, GEMP is a bad performer in the overall market: 97% of all stocks are doing better.
GEMP 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 GEMP has a been trading in the 0.24 - 0.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Weekly and Daily overview Charts
Gemphire Therapeutics Inc / GEMP Weekly stock chart
Gemphire Therapeutics Inc / GEMP Daily stock chart
Setup Rating and Analysis

6

GEMP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.31. Right above this resistance zone may be a good entry point.

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Support and Resistance Analysis

0.30

0.33

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.32 from a horizontal line in the daily time frame.
  • Resistance @0.33 from a trend line in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for GEMP is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for GEMP is neutral.
ChartMill Relative Strength3.88NEGATIVEGEMP has a low relative strength, it was outperformed by 96.12% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of GEMP is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of GEMP is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of GEMP is below a declining SMA(200).
Relative Strength Index/RSI (14)44.26NEUTRALThe RSI value for GEMP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests GEMP has a positive trend.
Stochastics (14,3)54.09NEUTRALThe Stochastics value for GEMP is a neutral value.
Average True Range in percent/ATR (20)14.41HIGH VOLATILITYThe high ATR as a percentage value for GEMP suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)

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Gemphire Therapeutics Inc / GEMP Daily stock chart

Gemphire Therapeutics Inc

NASDAQ:GEMP (12/30/2019, 9:09:12 PM)

After market: 0.3 0 (0%)

0.3

0 (-0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.37%
1 Week0%
2 Weeks2.39%
1 Month-16.43%
3 Month-14.29%
6 Month-60.53%
12 Month-64.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%14.41%
ATR Inc-1.67%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.88
3 months CRSN/A
6 months CRSN/A
Mansfield-6.51
10 Day High0.34
10 Day Low0.25
20 Day High0.39
20 Day Low0.24
52 Week High1.49
52 Week Low0.24
CS1 EndN/A
CR1 Start0.31
Volume & EV
DER(3)-16.83%
DER(5)-15.17%
Volume191.00K
Volume Incr-50.95%
Vol(5)90.74K
Vol(50)113.51K

Gemphire Therapeutics Inc / GEMP FAQ

What is the technical rating for GEMP stock?

ChartMill assigns a technical rating of 0 / 10 to GEMP.


Can you provide the trend direction for Gemphire Therapeutics Inc?

The current trend direction for Gemphire Therapeutics Inc (GEMP) is Bearish.


What is the RSI signal for Gemphire Therapeutics Inc (GEMP) stock?

Gemphire Therapeutics Inc (GEMP) has an RSI value of 44.2622. This indicates that the stock is currently neutral.


Can you provide the short term momentum for Gemphire Therapeutics Inc?

The short term momentum for Gemphire Therapeutics Inc (GEMP) is neutral.


What are the support and resistance levels for Gemphire Therapeutics Inc (GEMP) stock?

Gemphire Therapeutics Inc (GEMP) has a resistance level at 0.31. Check the full technical report for our detailed analysis of GEMP support and resistance levels.