GALECTO INC (GLTO)
US36322Q1076 - Common Stock
Overall GLTO gets a technical rating of 1 out of 10. GLTO'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.
When comparing the yearly performance of all stocks, GLTO is a bad performer in the overall market: 90% of all stocks are doing better.
GLTO is part of the Biotechnology industry. There are 588 other stocks in this industry, of which 62% are performing better than GLTO.
GLTO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GLTO is lagging the market.
GLTO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GLTO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.67, a Stop Loss order could be placed below this zone.
More info and screens
0.59
0.72
We found 4 important support areas.
- A support zone ranging from 0.69 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.64 from a trend line in the daily time frame.
- Support @0.60 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.58
Mansfield-4.65
10 Day High0.72
10 Day Low0.65
20 Day High0.79
20 Day Low0.6
52 Week High3.7
52 Week Low0.5
Performance
1 Week1.36%
2 Weeks0.85%
1 Month-7.13%
3 Month9.43%
6 Month16.64%
12 Month-68.29%
2 Year-48.08%
3 Year-87.19%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)45.18
LBB0.66
UBB0.72
GALECTO INC
NASDAQ:GLTO (5/2/2024, 3:11:21 PM)
After market: 0.701 -0.02 (-2.23%)0.717
+0.04 (+5.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.44%
1 Week1.36%
2 Weeks0.85%
1 Month-7.13%
3 Month9.43%
6 Month16.64%
12 Month-68.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%8.34%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.72
10 Day Low0.65
20 Day High0.79
20 Day Low0.6
52 Week High3.7
52 Week Low0.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume280.51K
Volume Incr-46.85%
Vol(5)86.92K
Vol(50)210.86K