NASDAQ:GLG - Nasdaq - US87250W2026 - Common Stock - Currency: USD
Taking everything into account, GLG scores 0 out of 10 in our technical rating. GLG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of GLG 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.
0.06
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 | DOWN | NEGATIVE | The long term trend for GLG is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLG is down. |
ChartMill Relative Strength | 0.18 | NEGATIVE | GLG has a low relative strength, it was outperformed by 99.82% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLG is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLG is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLG is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 23.8 | OVERSOLD | The low RSI value suggests GLG may be oversold. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GLG has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 5 | OVERSOLD | The low Stochastics value suggests GLG may be oversold. |
Average True Range in percent/ATR (20) | 24.2 | HIGH VOLATILITY | The high ATR as a percentage value for GLG suggests high volalility. |
Average Directional Index/ADX (14) | 22.98 | NEUTRAL | The ADX value for GLG suggests a possible start of a new trend. |
0.0591
-0.01 (-12.31%)