Taking everything into account, GHRS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GHRS 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 GHRS is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by GHRS over the past year are nicely spread over this period.
- GHRS is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. GHRS outperforms 82% of them.
- GHRS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GHRS is lagging the market.
- In the last month GHRS has a been trading in the 12.24 - 19.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GHRS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.57. Right above this resistance zone may be a good entry point.
More info and screens
11.56
We found 5 important support areas.
- Support @15.75 from a horizontal line in the daily time frame.
- A support zone ranging from 12.83 to 13.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.59 from a horizontal line in the daily time frame.
- Support @12.36 from a trend line in the daily time frame.
- Support @11.68 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.57 to 17.95. 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 GHRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GHRS is up. |
| ChartMill Relative Strength | 93.4 | POSITIVE | GHRS has a high relative strength, it outperformed 93.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GHRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GHRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GHRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.14 | NEUTRAL | The RSI value for GHRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests GHRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.82 | NEUTRAL | The Stochastics value for GHRS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.47 | HIGH VOLATILITY | The high ATR as a percentage value for GHRS suggests high volalility. |
| Average Directional Index/ADX (14) | 32.26 | POSITIVE | The high ADX value value for GHRS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.96 | 15.74 | 2.22 (12.36%) | 8.09% |
| An entry @17.96. This is a Buy Stop order right above the resistance zone. | An exit @15.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.22 points, which is 12.36%. | For a 1.00% total portfolio risk, you can invest 8.09% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GHRS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
16.73
-0.01 (-0.06%)
GH RESEARCH PLC / GHRS FAQ
What is the ChartMill technical rating of GH RESEARCH PLC (GHRS) stock?
ChartMill assigns a technical rating of 10 / 10 to GHRS.
Can you provide the trend direction for GH RESEARCH PLC?
The current trend direction for GH RESEARCH PLC (GHRS) is Bullish.
What is the RSI signal for GH RESEARCH PLC (GHRS) stock?
GH RESEARCH PLC (GHRS) has an RSI value of 59.1429. This indicates that the stock is currently neutral.
What is the MACD signal for GHRS stock?
The MACD indicator for GH RESEARCH PLC (GHRS) has a value of 0.137144, indicating a bearish trend.
What is the support and resistance level for GHRS stock?
GH RESEARCH PLC (GHRS) has a support level at 15.75 and a resistance level at 17.57. Check the full technical report for our detailed analysis of GHRS support and resistance levels.