NASDAQ:GLTO • US36322Q2066
We assign a technical rating of 7 out of 10 to GLTO. In the last year, GLTO was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, GLTO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.68, a Stop Loss order could be placed below this zone.
23.09
3 important support areas can be observed.
2 important resistance 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 | UP | POSITIVE | The long term trend for GLTO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLTO is neutral. |
| ChartMill Relative Strength | 99.39 | POSITIVE | GLTO has a high relative strength, it outperformed 99.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GLTO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GLTO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.68 | NEUTRAL | The RSI value for GLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests GLTO has a negative trend. |
| Stochastics (14,3) | 21.97 | NEUTRAL | The Stochastics value for GLTO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.31 | HIGH VOLATILITY | The high ATR as a percentage value for GLTO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for GLTO suggests a possible start of a new trend. |
28.69
-0.22 (-0.76%)
ChartMill assigns a technical rating of 7 / 10 to GLTO.
The current trend direction for GALECTO INC (GLTO) is Bullish.
GALECTO INC (GLTO) has an RSI value of 51.6773. This indicates that the stock is currently neutral.
The MACD indicator for GALECTO INC (GLTO) has a value of -0.283388, indicating a bearish trend.
The short term momentum for GALECTO INC (GLTO) is neutral.