GALAPAGOS NV-SPON ADR (GLPG) Technical Analysis
NASDAQ:GLPG • US36315X1019
Current stock price
GLPG Technical Rating and Analysis
Taking everything into account, GLPG scores 1 out of 10 in our technical rating. GLPG 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month GLPG has a been trading in the 28.70 - 33.78 range, which is quite wide. It is currently trading near the lows of this range.
- When compared to the yearly performance of all other stocks, GLPG outperforms 51% of them, which is more or less in line with the market.
- GLPG is an average performer in the Biotechnology industry, it outperforms 46% of 517 stocks in the same industry.
- GLPG 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 GLPG is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
GLPG Weekly and Daily overview Charts
GLPG Setup Rating and Analysis
GLPG has a poor technical rating and the quality of the setup is also not perfect 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
GLPG Support and Resistance Analysis
28.55
We found 1 important support area.
- A support zone ranging from 28.84 to 28.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 31.90 to 32.39. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 32.93 to 33.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 34.51 to 34.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
GLPG 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 | DOWN | NEGATIVE | The long term trend for GLPG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLPG is down. |
| ChartMill Relative Strength | 51.2 | NEUTRAL | GLPG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLPG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLPG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GLPG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.48 | NEUTRAL | The RSI value for GLPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests GLPG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.84 | NEUTRAL | The Stochastics value for GLPG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for GLPG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for GLPG suggests a weak or negative trend. |
GLPG Chart- and CandleStick Pattern Analysis
GLPG Technicals: Chart, Performance Metrics, Trend & Indicators
29.42
-0.34 (-1.14%)
GALAPAGOS NV-SPON ADR / GLPG TA FAQ
What is the technical rating for GLPG stock?
ChartMill assigns a technical rating of 1 / 10 to GLPG.
Can you provide the trend direction for GALAPAGOS NV-SPON ADR?
The current trend direction for GALAPAGOS NV-SPON ADR (GLPG) is Bearish.
What is the RSI signal for GALAPAGOS NV-SPON ADR (GLPG) stock?
GALAPAGOS NV-SPON ADR (GLPG) has an RSI value of 36.4806. This indicates that the stock is currently neutral.
What is the short term momentum for GALAPAGOS NV-SPON ADR (GLPG) stock?
The short term momentum for GALAPAGOS NV-SPON ADR (GLPG) is negative.
What is the buy/sell signal for GALAPAGOS NV-SPON ADR (GLPG) stock?
The buy/sell signal for GALAPAGOS NV-SPON ADR (GLPG) is sell as both the short term and long term trends are negative.