GH RESEARCH PLC (GHRS) Technical Analysis
NASDAQ:GHRS • IE000GID8VI0
Current stock price
GHRS Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to GHRS. GHRS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month GHRS has a been trading in the 12.77 - 16.48 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!
- When comparing the yearly performance of all stocks, we notice that GHRS is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- GHRS is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, GHRS did better than 63% of them.
- GHRS 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 GHRS is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
GHRS Weekly and Daily overview Charts
GHRS Setup Rating and Analysis
GHRS has a poor technical rating and the quality of the setup is also 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
GHRS Support and Resistance Analysis
12.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.96 to 13.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.48 to 12.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.26 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.94 to 16.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.20 from a trend line in the daily time frame.
GHRS 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 GHRS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GHRS is down. |
| ChartMill Relative Strength | 71.97 | POSITIVE | GHRS has a high relative strength, it outperformed 71.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GHRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GHRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GHRS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.12 | NEUTRAL | The RSI value for GHRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests GHRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.68 | OVERSOLD | The low Stochastics value suggests GHRS may be oversold. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for GHRS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.73 | NEGATIVE | The low ADX value for GHRS suggests a weak or negative trend. |
GHRS Chart- and CandleStick Pattern Analysis
GHRS Technicals: Chart, Performance Metrics, Trend & Indicators
14.06
+1.03 (+7.9%)
GH RESEARCH PLC / GHRS TA FAQ
What is the ChartMill technical rating of GH RESEARCH PLC (GHRS) stock?
ChartMill assigns a technical rating of 1 / 10 to GHRS.
Can you provide the trend direction for GH RESEARCH PLC?
The current trend direction for GH RESEARCH PLC (GHRS) is Bearish.
What is the RSI signal for GH RESEARCH PLC (GHRS) stock?
GH RESEARCH PLC (GHRS) has an RSI value of 46.1197. 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 -0.120882, indicating a bearish trend.
What is the support and resistance level for GHRS stock?
GH RESEARCH PLC (GHRS) has a support level at 12.95 and a resistance level at 13.97. Check the full technical report for our detailed analysis of GHRS support and resistance levels.