GUARDANT HEALTH INC (GH) Stock Technical Analysis
USA - NASDAQ:GH - US40131M1099 - Common Stock
59.72 USD
-0.06 (-0.1%)
59.7 USD
-0.02 (-0.03%)
We assign a technical rating of 10 out of 10 to GH. 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.
Looking at the yearly performance, GH did better than 95% of all other stocks. On top of that, GH also shows a nice and consistent pattern of rising prices.
GH is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 93% of 101 stocks in the same industry.
GH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GH is lagging the market slightly.
GH has an average volume of 2619420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GH has a been trading in the 53.40 - 68.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
36.29
60.32
We found 6 important support areas.
- A support zone ranging from 57.31 to 57.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.49 to 55.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.94 from a horizontal line in the daily time frame.
- Support @45.60 from a trend line in the weekly time frame.
- A support zone ranging from 44.07 to 44.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 95.65 | POSITIVE | GH has a high relative strength, it outperformed 95.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GH is below a declining 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) | 55.78 | NEUTRAL | The RSI value for GH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests GH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.68 | NEUTRAL | The Stochastics value for GH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for GH suggests some volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for GH suggests a possible start of a new 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)
59.72
-0.06 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.1%
1 Week7.8%
2 Weeks0.47%
1 Month-3.49%
3 Month17.42%
6 Month38.43%
12 Month161.01%
2 Year101.48%
3 Year10.94%
5 Year-46.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.69
ATR(20)%4.3%
ATR Inc-16.89%
Range Today2.31
ADR(20)2.28
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.65
Mansfield2.7
10 Day High61.68
10 Day Low53.4
20 Day High68
20 Day Low53.4
52 Week High68
52 Week Low20.14
CS1 End57.46
CR1 StartN/A
Volume & EV
DER(3)-2.48%
DER(5)-0.73%
Volume2.24M
Volume Incr0.41%
Vol(5)2.27M
Vol(50)2.62M