Overall GLUE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLUE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, GLUE did better than 99% of all other stocks. We also observe that the gains produced by GLUE over the past year are nicely spread over this period.
- GLUE is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 525 stocks in the same industry.
- GLUE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GLUE is lagging the market slightly.
- In the last month GLUE has a been trading in the 13.69 - 25.77 range, which is quite wide. It is currently trading near the high of this range.
- GLUE has an average volume of 1714450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GLUE 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
15.01
4 important support areas can be observed.
- A support zone ranging from 22.83 to 22.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.87 from a trend line in the weekly time frame.
- Support @15.96 from a trend line in the daily time frame.
- Support @15.16 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for GLUE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLUE is up. |
| ChartMill Relative Strength | 99.03 | POSITIVE | GLUE has a high relative strength, it outperformed 99.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLUE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLUE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLUE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.69 | NEUTRAL | The RSI value for GLUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GLUE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.08 | OVERBOUGHT | The high Stochastics value suggests GLUE may be overbought. |
| Average True Range in percent/ATR (20) | 7.74 | HIGH VOLATILITY | The high ATR as a percentage value for GLUE suggests high volalility. |
| Average Directional Index/ADX (14) | 34.54 | POSITIVE | The high ADX value value for GLUE suggests a strong trend. |
22.84
-0.18 (-0.78%)
MONTE ROSA THERAPEUTICS INC / GLUE FAQ
Can you provide the ChartMill technical rating for MONTE ROSA THERAPEUTICS INC?
ChartMill assigns a technical rating of 10 / 10 to GLUE.
What is the current trend direction of MONTE ROSA THERAPEUTICS INC (GLUE) stock?
The current trend direction for MONTE ROSA THERAPEUTICS INC (GLUE) is Bullish.
What is the RSI signal for GLUE stock?
MONTE ROSA THERAPEUTICS INC (GLUE) has an RSI value of 60.6904. This indicates that the stock is currently neutral.
What is the short term momentum for GLUE stock?
The short term momentum for MONTE ROSA THERAPEUTICS INC (GLUE) is positive.
What is the support and resistance level for GLUE stock?
MONTE ROSA THERAPEUTICS INC (GLUE) has a support level at 22.83. Check the full technical report for our detailed analysis of GLUE support and resistance levels.