Gemphire Therapeutics Inc (GEMP) Stock Technical Analysis
NASDAQ:GEMP - Nasdaq -
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 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.
97% of all other stocks performed better in the past year than GEMP.
GEMP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GEMP is lagging the market.
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.
Although the technical rating is bad, GEMP does present a nice setup opportunity. 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.
More info and screens
0.30
0.33
We can see 3 important resistance 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.
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 GEMP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GEMP is neutral. |
| ChartMill Relative Strength | 3.88 | NEGATIVE | GEMP has a low relative strength, it was outperformed by 96.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEMP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEMP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GEMP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.26 | NEUTRAL | The RSI value for GEMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GEMP has a positive trend. |
| Stochastics (14,3) | 54.09 | NEUTRAL | The Stochastics value for GEMP is a neutral value. |
| Average True Range in percent/ATR (20) | 14.41 | HIGH VOLATILITY | The high ATR as a percentage value for GEMP suggests high volalility. |
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)
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
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