GUARDANT HEALTH INC (GH)

US40131M1099 - Common Stock

19.31  +0.43 (+2.28%)

Technical Rating and Analysis

2

Overall GH gets a technical rating of 2 out of 10. In the past year, GH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, GH is a bad performer in the overall market: 85% of all stocks are doing better.
GH 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month GH has a been trading in the 15.81 - 19.86 range, which is quite wide. It is currently trading near the high of this range.
GH has an average volume of 2070190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
GH is an average performer in the Health Care Providers & Services industry, it outperforms 41% of 118 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GH Weekly chart
GH Daily chart
Setup Rating and Analysis

3

The technical rating of GH 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.

Support and Resistance Analysis

18.92

30.36

When analyzing the support we notice one important area.

  • A support zone ranging from 19.11 to 19.30. 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 4 important areas.

  • Resistance @19.64 from a trend line in the weekly time frame.
  • A resistance zone ranging from 20.63 to 21.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @28.50 from a trend line in the daily time frame.
  • Resistance @30.06 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.78
Mansfield-3.84
10 Day High19.63
10 Day Low16.77
20 Day High19.86
20 Day Low15.81
52 Week High41.06
52 Week Low15.81
Performance
1 Week8.82%
2 Weeks17.49%
1 Month7.09%
3 Month-14.92%
6 Month-34.15%
12 Month-20.17%
2 Year-53.93%
3 Year-84.79%
5 Year-75.44%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)55.17
LBB15.74
UBB19.23
GH Daily chart

GUARDANT HEALTH INC

NASDAQ:GH (5/6/2024, 10:27:08 AM)

19.31

+0.43 (+2.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.28%
1 Week8.82%
2 Weeks17.49%
1 Month7.09%
3 Month-14.92%
6 Month-34.15%
12 Month-20.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.98
ATR(20)%5.46%
ATR Inc
Range Today0.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.63
10 Day Low16.77
20 Day High19.86
20 Day Low15.81
52 Week High41.06
52 Week Low15.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume218.89K
Volume Incr-45.94%
Vol(5)1.20M
Vol(50)2.07M