We assign a technical rating of 0 out of 10 to GLMD. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GLMD is a bad performer in the overall market: 97% of all stocks are doing better.
- GLMD is one of the lesser performing stocks in the Biotechnology industry. 84% of 524 stocks in the same industry do better.
- GLMD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month GLMD has a been trading in the 0.62 - 0.88 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of GLMD is bad and it also does not present a quality setup 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
0.64
3 important resistance areas can be observed.
- Resistance @0.77 from a trend line in the daily time frame.
- Resistance @0.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.85 to 0.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for GLMD is down. |
| ChartMill Relative Strength | 3.33 | NEGATIVE | GLMD has a low relative strength, it was outperformed by 96.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLMD is below 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) | 30.25 | NEUTRAL | The RSI value for GLMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GLMD has a negative trend. |
| Stochastics (14,3) | 3.69 | OVERSOLD | The low Stochastics value suggests GLMD may be oversold. |
| Average True Range in percent/ATR (20) | 8.11 | HIGH VOLATILITY | The high ATR as a percentage value for GLMD suggests high volalility. |
| Average Directional Index/ADX (14) | 17.48 | NEGATIVE | The low ADX value for GLMD suggests a weak or negative trend. |
NASDAQ:GLMD (2/5/2026, 12:29:58 PM)
0.645
+0.01 (+1.57%)
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 30.2521. 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 -0.0116222, indicating a bearish trend.
What are the support and resistance levels for GALMED PHARMACEUTICALS LTD (GLMD) stock?
GALMED PHARMACEUTICALS LTD (GLMD) has a resistance level at 0.77. Check the full technical report for our detailed analysis of GLMD support and resistance levels.