GUARDANT HEALTH INC (GH) Stock Technical Analysis
USA - NASDAQ:GH - US40131M1099 - Common Stock
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.
GH has an excellent technical rating, but the quality of the setup is only medium 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
48.77
We found 3 important support areas.
- A support zone ranging from 95.05 to 97.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.68 from a trend line in the daily time frame.
- Support @49.26 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 97.85 to 98.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 97.95 | POSITIVE | GH has a high relative strength, it outperformed 97.95% 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) | 77.98 | OVERBOUGHT | The high RSI value suggests GH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.14 | POSITIVE | The MACD value suggests GH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.14 | OVERBOUGHT | The high Stochastics value suggests GH may be overbought. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for GH suggests high volalility. |
| Average Directional Index/ADX (14) | 46.08 | POSITIVE | The high ADX value value for GH suggests a strong trend. |
97.84
+0.13 (+0.13%)
GUARDANT HEALTH INC / GH FAQ
What is the ChartMill technical rating of GUARDANT HEALTH INC (GH) stock?
ChartMill assigns a technical rating of 10 / 10 to GH.
What is the current trend direction of GUARDANT HEALTH INC (GH) stock?
The current trend direction for GUARDANT HEALTH INC (GH) is Bullish.
What is the RSI signal for GUARDANT HEALTH INC (GH) stock?
GUARDANT HEALTH INC (GH) has an RSI value of 77.9844. This indicates that the stock is currently overbought.
What is the buy/sell signal for GUARDANT HEALTH INC (GH) stock?
The buy/sell signal for GUARDANT HEALTH INC (GH) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for GUARDANT HEALTH INC?
GUARDANT HEALTH INC (GH) has a support level at 97.83 and a resistance level at 97.85. Check the full technical report for our detailed analysis of GH support and resistance levels.