We assign a technical rating of 9 out of 10 to GLTO. Both in the recent history as in the last year, GLTO has proven to be a steady performer, scoring decent points in every aspect analyzed.
GLTO has an excellent technical rating, but the quality of the setup is only medium 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
25.73
We found 1 important support area.
- A support zone ranging from 25.99 to 26.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for GLTO is up. |
| ChartMill Relative Strength | 99.83 | POSITIVE | GLTO has a high relative strength, it outperformed 99.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLTO is above the rising 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) | 57.19 | NEUTRAL | The RSI value for GLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests GLTO has a negative trend. |
| Stochastics (14,3) | 66.05 | NEUTRAL | The Stochastics value for GLTO is a neutral value. |
| Average True Range in percent/ATR (20) | 12.41 | HIGH VOLATILITY | The high ATR as a percentage value for GLTO suggests high volalility. |
| Average Directional Index/ADX (14) | 42.64 | POSITIVE | The high ADX value value for GLTO suggests a strong trend. |
26.88
+0.88 (+3.38%)
GALECTO INC / GLTO FAQ
What is the ChartMill technical rating of GALECTO INC (GLTO) stock?
ChartMill assigns a technical rating of 9 / 10 to GLTO.
What is the trend direction for GLTO stock?
The current trend direction for GALECTO INC (GLTO) is Bullish.
What is the RSI signal for GALECTO INC (GLTO) stock?
GALECTO INC (GLTO) has an RSI value of 57.1873. This indicates that the stock is currently neutral.
What is the buy/sell signal for GLTO stock?
The buy/sell signal for GALECTO INC (GLTO) is buy as both the short term and long term trends are positive.
What is the support and resistance level for GLTO stock?
GALECTO INC (GLTO) has a support level at 25.99. Check the full technical report for our detailed analysis of GLTO support and resistance levels.