GALMED PHARMACEUTICALS LTD (GLMD) Stock Technical Analysis
USA - NASDAQ:GLMD - IL0011313900 - Common Stock
1.6 USD
-0.01 (-0.62%)
We assign a technical rating of 3 out of 10 to GLMD. Recently some decent action could be observed, but in the medium term time frame this is still negative. GLMD was also a bad performer in the overall market in the last year.
96% of all other stocks performed better in the past year than GLMD.
GLMD is part of the Biotechnology industry. There are 536 other stocks in this industry, of which 80% are performing better than GLMD.
GLMD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month GLMD has a been trading in the 1.34 - 1.63 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
1.29
2.07
3 important support areas can be observed.
- A support zone ranging from 1.47 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.37 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.30 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.86 from a trend line in the daily time frame.
- Resistance @2.05 from a trend line 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 | UP | POSITIVE | The short term trend for GLMD is up. |
| ChartMill Relative Strength | 4.82 | NEGATIVE | GLMD has a low relative strength, it was outperformed by 95.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GLMD is above 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) | 62.18 | NEUTRAL | The RSI value for GLMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GLMD has a positive trend. |
| Stochastics (14,3) | 85.11 | OVERBOUGHT | The high Stochastics value suggests GLMD may be overbought. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for GLMD suggests high volalility. |
| Average Directional Index/ADX (14) | 15.53 | NEGATIVE | The low ADX value for GLMD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:GLMD (10/7/2025, 9:35:06 AM)
1.6
-0.01 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.62%
1 Week15.83%
2 Weeks9.52%
1 Month17.53%
3 Month-16.8%
6 Month21.97%
12 Month-58.18%
2 Year-64.69%
3 Year-97.65%
5 Year-99.71%
10 Year-99.91%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.74%
ATR Inc-2.51%
Range Today0.01
ADR(20)0.09
ADR(20)%5.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.82
Mansfield-3.2
10 Day High1.63
10 Day Low1.35
20 Day High1.63
20 Day Low1.34
52 Week High4.81
52 Week Low1.15
CS1 End1.48
CR1 Start1.86
Volume & EV
DER(3)5.1%
DER(5)5.26%
Volume27.92K
Volume Incr-5.75%
Vol(5)78.21K
Vol(50)158.66K