GENOMIC HEALTH INC (GHDX) Technical Analysis
NASDAQ:GHDX
Current stock price
GHDX Technical Rating and Analysis
Overall GHDX gets a technical rating of 0 out of 10. GHDX'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.
- 87% of all other stocks performed better in the past year than GHDX.
- In the last month GHDX has a been trading in the 62.74 - 71.50 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- GHDX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GHDX is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
GHDX Weekly and Daily overview Charts
GHDX Setup Rating and Analysis
The technical rating of GHDX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GHDX Support and Resistance Analysis
57.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 63.43 to 63.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.99 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 67.85 to 68.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @71.32 from a horizontal line in the daily time frame.
- Resistance @74.27 from a trend line in the weekly time frame.
GHDX Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for GHDX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GHDX is down. |
| ChartMill Relative Strength | 13.62 | NEGATIVE | GHDX has a low relative strength, it was outperformed by 86.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GHDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GHDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GHDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34 | NEUTRAL | The RSI value for GHDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests GHDX has a negative trend. |
| Stochastics (14,3) | 6.34 | OVERSOLD | The low Stochastics value suggests GHDX may be oversold. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for GHDX suggests some volalility. |
GHDX Chart- and CandleStick Pattern Analysis
GHDX Technicals: Chart, Performance Metrics, Trend & Indicators
63.44
-0.44 (-0.69%)
GENOMIC HEALTH INC / GHDX TA FAQ
Can you provide the ChartMill technical rating for GENOMIC HEALTH INC?
ChartMill assigns a technical rating of 0 / 10 to GHDX.
What is the trend direction for GHDX stock?
The current trend direction for GENOMIC HEALTH INC (GHDX) is Bearish.
Can you provide the RSI signal for GENOMIC HEALTH INC?
GENOMIC HEALTH INC (GHDX) has an RSI value of 33.9969. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for GENOMIC HEALTH INC?
GENOMIC HEALTH INC (GHDX) has a support level at 63.43 and a resistance level at 67.85. Check the full technical report for our detailed analysis of GHDX support and resistance levels.