GALMED PHARMACEUTICALS LTD (GLMD) Technical Analysis
NASDAQ:GLMD • IL0011313900
Taking everything into account, GLMD scores 0 out of 10 in our technical rating. GLMD 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, GLMD is a bad performer in the overall market: 95% of all stocks are doing better.
- GLMD is one of the lesser performing stocks in the Biotechnology industry. 81% of 519 stocks in the same industry do better.
- GLMD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GLMD is lagging the market.
- In the last month GLMD has a been trading in the 0.50 - 0.69 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GLMD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.66. Right above this resistance zone may be a good entry point.
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0.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.58 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.66 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for GLMD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLMD is neutral. |
| ChartMill Relative Strength | 5.37 | NEGATIVE | GLMD has a low relative strength, it was outperformed by 94.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GLMD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.46 | NEUTRAL | The RSI value for GLMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GLMD has a positive trend. |
| Stochastics (14,3) | 68.23 | NEUTRAL | The Stochastics value for GLMD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.42 | HIGH VOLATILITY | The high ATR as a percentage value for GLMD suggests high volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for GLMD suggests a possible start of a new trend. |
GLMD Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:GLMD (3/13/2026, 12:43:52 PM)
0.637
-0.01 (-2.12%)
GALMED PHARMACEUTICALS LTD / GLMD FAQ
Can you provide the ChartMill technical rating for GALMED PHARMACEUTICALS LTD?
ChartMill assigns a technical rating of 0 / 10 to GLMD.
What is the current trend direction of GALMED PHARMACEUTICALS LTD (GLMD) stock?
The current trend direction for GALMED PHARMACEUTICALS LTD (GLMD) is Bearish.
What is the RSI signal for GALMED PHARMACEUTICALS LTD (GLMD) stock?
GALMED PHARMACEUTICALS LTD (GLMD) has an RSI value of 50.4607. This indicates that the stock is currently neutral.
What is the MACD signal for GALMED PHARMACEUTICALS LTD (GLMD) stock?
The MACD indicator for GALMED PHARMACEUTICALS LTD (GLMD) has a value of 0.0122799, indicating a bearish trend.
What are the support and resistance levels for GALMED PHARMACEUTICALS LTD (GLMD) stock?
GALMED PHARMACEUTICALS LTD (GLMD) has a support level at 0.62 and a resistance level at 0.66. Check the full technical report for our detailed analysis of GLMD support and resistance levels.