USA - NASDAQ:GLTO - US36322Q2066 - Common Stock
Overall GLTO gets a technical rating of 4 out of 10. GLTO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
GLTO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
2.70
2 important support areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for GLTO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLTO is down. |
| ChartMill Relative Strength | 69.26 | NEUTRAL | GLTO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GLTO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GLTO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.18 | NEUTRAL | The RSI value for GLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests GLTO has a negative trend. |
| Stochastics (14,3) | 1.97 | OVERSOLD | The low Stochastics value suggests GLTO may be oversold. |
| Average True Range in percent/ATR (20) | 17.85 | HIGH VOLATILITY | The high ATR as a percentage value for GLTO suggests high volalility. |
| Average Directional Index/ADX (14) | 32.28 | POSITIVE | The high ADX value value for GLTO suggests a strong trend. |
4.95
-0.87 (-14.95%)
ChartMill assigns a technical rating of 4 / 10 to GLTO.
The current trend direction for GALECTO INC (GLTO) is Bearish.
GALECTO INC (GLTO) has an RSI value of 39.1829. This indicates that the stock is currently neutral.
GALECTO INC (GLTO) has a support level at 3.07. Check the full technical report for our detailed analysis of GLTO support and resistance levels.