GALAPAGOS NV-SPON ADR (GLPG) Stock Technical Analysis
USA - NASDAQ:GLPG - US36315X1019 - ADR
Overall GLPG gets a technical rating of 4 out of 10. In the last year, GLPG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
GLPG has an average technical rating and it also does not offer a high 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
31.12
We found 1 important support area.
- A support zone ranging from 31.43 to 31.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 32.95 to 33.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.12 to 34.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.50 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for GLPG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLPG is down. |
| ChartMill Relative Strength | 51.99 | 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) | UP | MIXED | The current price of GLPG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLPG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.51 | NEUTRAL | The RSI value for GLPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests GLPG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.31 | OVERSOLD | The low Stochastics value suggests GLPG may be oversold. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for GLPG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.1 | NEGATIVE | The low ADX value for GLPG suggests a weak or negative trend. |
31.96
-0.07 (-0.22%)
GALAPAGOS NV-SPON ADR / GLPG FAQ
What is the technical rating for GLPG stock?
ChartMill assigns a technical rating of 4 / 10 to GLPG.
What is the current trend direction of GALAPAGOS NV-SPON ADR (GLPG) stock?
The current trend direction for GALAPAGOS NV-SPON ADR (GLPG) is Bullish.
What is the RSI signal for GLPG stock?
GALAPAGOS NV-SPON ADR (GLPG) has an RSI value of 40.5132. 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 support and resistance level for GLPG stock?
GALAPAGOS NV-SPON ADR (GLPG) has a support level at 31.95 and a resistance level at 32.95. Check the full technical report for our detailed analysis of GLPG support and resistance levels.