GALECTO INC (GLTO) Stock Technical Analysis
NASDAQ:GLTO - US36322Q2066 - Common Stock
3.3 USD
-0.06 (-1.79%)
Taking everything into account, GLTO scores 3 out of 10 in our technical rating. In the past year, GLTO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
94% of all other stocks performed better in the past year than GLTO.
GLTO is part of the Biotechnology industry. There are 547 other stocks in this industry, of which 74% are performing better than GLTO.
GLTO 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.
Warning: GLTO has an average volume of 20238 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GLTO has a been trading in the 3.10 - 3.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GLTO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.22, a Stop Loss order could be placed below this zone.
More info and screens
3.17
3.80
We found 1 important support area.
- A support zone ranging from 3.20 to 3.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.36 to 3.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.76 from a horizontal line in the weekly time frame.
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 GLTO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLTO is neutral. |
| ChartMill Relative Strength | 6.3 | NEGATIVE | GLTO has a low relative strength, it was outperformed by 93.7% 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) | UP | MIXED | The current price of GLTO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.29 | NEUTRAL | The RSI value for GLTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GLTO has a positive trend. |
| Stochastics (14,3) | 61.33 | NEUTRAL | The Stochastics value for GLTO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for GLTO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.65 | NEGATIVE | The low ADX value for GLTO suggests a weak or negative trend. |
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)
NASDAQ:GLTO (8/28/2025, 1:30:20 PM)
3.3
-0.06 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.79%
1 Week-0.59%
2 Weeks0%
1 Month1.2%
3 Month9.45%
6 Month-23.29%
12 Month-71.88%
2 Year-77.79%
3 Year-93.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%5.09%
ATR Inc-55.56%
Range Today0.05
ADR(20)0.16
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.3
Mansfield-4.05
10 Day High3.5
10 Day Low3.17
20 Day High3.65
20 Day Low3.1
52 Week High14.82
52 Week Low2.01
CS1 End3.22
CR1 Start3.38
Volume & EV
DER(3)-15.13%
DER(5)-12.89%
Volume1.44K
Volume Incr-75.06%
Vol(5)4.80K
Vol(50)20.24K