GALAPAGOS NV-SPON ADR (GLPG) Technical Analysis
NASDAQ:GLPG • US36315X1019
Current stock price
GLPG Technical Rating and Analysis
Overall GLPG gets a technical rating of 0 out of 10. GLPG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 79% of all other stocks performed better in the past year than GLPG.
- GLPG is one of the lesser performing stocks in the Biotechnology industry. 60% of 516 stocks in the same industry do better.
- GLPG 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.
- In the last month GLPG has a been trading in the 27.49 - 29.77 range, which is quite wide. It is currently trading near the lows of this range.
GLPG Weekly and Daily overview Charts
GLPG Setup Rating and Analysis
Although the technical rating is bad, GLPG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 27.99, a Stop Loss order could be placed below this zone.
More info and screens
GLPG Support and Resistance Analysis
27.55
We found 1 important support area.
- A support zone ranging from 27.83 to 27.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 29.28 to 29.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.35 to 30.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.58 from a trend line in the weekly time frame.
- Resistance @32.49 from a trend line in the daily time frame.
- Resistance @33.29 from a horizontal line 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 | 21.57 | NEGATIVE | GLPG has a low relative strength, it was outperformed by 78.43% off all stocks 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) | DOWN | NEGATIVE | The current price of GLPG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.49 | NEUTRAL | The RSI value for GLPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GLPG has a positive trend. |
| Stochastics (14,3) | 20.85 | NEUTRAL | The Stochastics value for GLPG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for GLPG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for GLPG suggests a possible start of a new trend. |
GLPG Chart- and CandleStick Pattern Analysis
GLPG Technicals: Chart, Performance Metrics, Trend & Indicators
28
+0.17 (+0.61%)
GALAPAGOS NV-SPON ADR / GLPG TA FAQ
What is the technical rating for GLPG stock?
ChartMill assigns a technical rating of 0 / 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 34.4942. 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.