GUARDANT HEALTH INC (GH) Stock Technical Analysis
NASDAQ:GH - US40131M1099 - Common Stock
63.5 USD
+0.07 (+0.11%)
63.51 USD
+0.01 (+0.02%)
Overall GH gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GH is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by GH over the past year are nicely spread over this period.
GH is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry. GH outperforms 97% of them.
A new 52 week high is currently being made by GH, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GH has a been trading in the 40.35 - 64.70 range, which is quite wide. It is currently trading near the high of this range.
GH has an average volume of 2500220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GH has an excellent technical rating, it does not present a decent entry opportunity 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
36.29
64.14
We found 6 important support areas.
- Support @58.49 from a horizontal line in the daily time frame.
- Support @49.94 from a horizontal line in the daily time frame.
- Support @43.51 from a trend line in the weekly time frame.
- Support @42.57 from a trend line in the daily time frame.
- Support @41.29 from a trend line in the daily time frame.
- Support @36.66 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 | UP | POSITIVE | The long term trend for GH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GH is up. |
| ChartMill Relative Strength | 96.81 | POSITIVE | GH has a high relative strength, it outperformed 96.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75 | OVERBOUGHT | The high RSI value suggests GH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests GH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.26 | OVERBOUGHT | The high Stochastics value suggests GH may be overbought. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for GH suggests some volalility. |
| Average Directional Index/ADX (14) | 41.42 | POSITIVE | The high ADX value value for GH suggests a strong trend. |
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)
63.5
+0.07 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.11%
1 Week8.55%
2 Weeks8.42%
1 Month40.52%
3 Month56.33%
6 Month49.24%
12 Month148.24%
2 Year62.49%
3 Year26.85%
5 Year-33.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.16
ATR(20)%4.37%
ATR Inc-45.76%
Range Today1.42
ADR(20)2.53
ADR(20)%3.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.81
Mansfield4.59
10 Day High64.7
10 Day Low57.41
20 Day High64.7
20 Day Low40.35
52 Week High64.7
52 Week Low20.14
CS1 End58.49
CR1 StartN/A
Volume & EV
DER(3)3.34%
DER(5)2.27%
Volume1.67M
Volume Incr-42.19%
Vol(5)1.88M
Vol(50)2.50M