MONTE ROSA THERAPEUTICS INC (GLUE) Technical Analysis
NASDAQ:GLUE • US61225M1027
Current stock price
GLUE Technical Rating and Analysis
Taking everything into account, GLUE scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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. We also observe that the gains produced by GLUE over the past year are nicely spread over this period.
- GLUE is part of the Biotechnology industry. There are 516 other stocks in this industry. GLUE outperforms 91% of them.
- 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 14.88 - 21.62 range, which is quite wide. It is currently trading near the high of this range.
- GLUE has an average volume of 1110540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GLUE Weekly and Daily overview Charts
GLUE Setup Rating and Analysis
Although GLUE has an excellent technical rating, it does not offer a high quality setup 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
GLUE Support and Resistance Analysis
14.26
We found 4 important support areas.
- Support @16.71 from a trend line in the weekly time frame.
- Support @16.20 from a trend line in the daily time frame.
- A support zone ranging from 15.29 to 15.31. 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.
We found 1 important resistance area.
- A resistance zone ranging from 20.99 to 20.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 97.82 | POSITIVE | GLUE has a high relative strength, it outperformed 97.82% 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) | 75.1 | OVERBOUGHT | The high RSI value suggests GLUE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests GLUE has a positive trend. |
| Stochastics (14,3) | 92.28 | OVERBOUGHT | The high Stochastics value suggests GLUE may be overbought. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for GLUE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.1 | POSITIVE | The high ADX value value for GLUE suggests a strong trend. |
GLUE Chart- and CandleStick Pattern Analysis
GLUE Technicals: Chart, Performance Metrics, Trend & Indicators
20.98
+0.09 (+0.43%)
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 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 MONTE ROSA THERAPEUTICS INC (GLUE) stock?
MONTE ROSA THERAPEUTICS INC (GLUE) has an RSI value of 75.0985. This indicates that the stock is currently overbought.
What is the MACD signal for GLUE stock?
The MACD indicator for MONTE ROSA THERAPEUTICS INC (GLUE) has a value of 0.489808, 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.