MONTE ROSA THERAPEUTICS INC (GLUE) Technical Analysis
NASDAQ:GLUE • US61225M1027
Current stock price
GLUE Technical Rating and Analysis
Overall GLUE gets a technical rating of 8 out of 10. GLUE has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GLUE is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, GLUE also shows a nice and consistent pattern of rising prices.
- GLUE is part of the Biotechnology industry. There are 516 other stocks in this industry. GLUE outperforms 87% of them.
- In the last month GLUE has a been trading in the 14.20 - 18.50 range, which is quite wide. It is currently trading near the high of this range.
- GLUE has an average volume of 1119460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GLUE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GLUE is lagging the market.
GLUE Weekly and Daily overview Charts
GLUE Setup Rating and Analysis
Although GLUE has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
GLUE Support and Resistance Analysis
14.26
We found 5 important support areas.
- Support @16.93 from a horizontal line in the daily time frame.
- A support zone ranging from 16.38 to 16.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.76 from a trend line in the daily time frame.
- A support zone ranging from 15.12 to 15.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.51 to 17.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.05 from a horizontal line in the daily time frame.
GLUE Technical Indicator Signal Analysis
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 | 97.03 | POSITIVE | GLUE has a high relative strength, it outperformed 97.03% 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) | DOWN | NEGATIVE | The current price of GLUE is below a declining 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) | 54.51 | NEUTRAL | The RSI value for GLUE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests GLUE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.77 | NEUTRAL | The Stochastics value for GLUE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for GLUE suggests high volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for GLUE suggests a possible start of a new trend. |
GLUE Chart- and CandleStick Pattern Analysis
GLUE Technicals: Chart, Performance Metrics, Trend & Indicators
17.5
-0.05 (-0.28%)
MONTE ROSA THERAPEUTICS INC / GLUE TA FAQ
Can you provide the ChartMill technical rating for MONTE ROSA THERAPEUTICS INC?
ChartMill assigns a technical rating of 8 / 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 MONTE ROSA THERAPEUTICS INC (GLUE) stock?
MONTE ROSA THERAPEUTICS INC (GLUE) has an RSI value of 54.5056. This indicates that the stock is currently neutral.
What is the MACD signal for GLUE stock?
The MACD indicator for MONTE ROSA THERAPEUTICS INC (GLUE) has a value of 0.276146, indicating a bearish trend.
Can you provide the short term momentum for MONTE ROSA THERAPEUTICS INC?
The short term momentum for MONTE ROSA THERAPEUTICS INC (GLUE) is positive.