GALAXY PAYROLL GROUP LTD-A (GLXG) Stock Technical Analysis
USA - NASDAQ:GLXG - VGG376921034 - Common Stock
3.995 USD
+0.06 (+1.65%)
4 USD
+0 (+0.13%)
Overall GLXG gets a technical rating of 0 out of 10. GLXG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
98% of all other stocks performed better in the past year than GLXG.
GLXG is part of the Professional Services industry. There are 86 other stocks in this industry, of which 82% are performing better than GLXG.
GLXG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GLXG has a been trading in the 3.68 - 4.88 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.
GLXG has a poor technical rating and the quality of the setup is also not perfect 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
3.73
7.06
We found 1 important support area.
- A support zone ranging from 3.77 to 3.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 4.38 to 4.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.55 from a trend line in the weekly time frame.
- Resistance @5.90 from a trend line in the daily time frame.
- Resistance @6.09 from a trend line in the weekly time frame.
- Resistance @6.52 from a trend line in the daily time frame.
- Resistance @6.99 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 GLXG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLXG is neutral. |
| ChartMill Relative Strength | 2.74 | NEGATIVE | GLXG has a low relative strength, it was outperformed by 97.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLXG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLXG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLXG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.86 | NEUTRAL | The RSI value for GLXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GLXG has a positive trend. |
| Stochastics (14,3) | 42.24 | NEUTRAL | The Stochastics value for GLXG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for GLXG suggests high volalility. |
| Average Directional Index/ADX (14) | 11.26 | NEGATIVE | The low ADX value for GLXG 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)
3.995
+0.06 (+1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.65%
1 Week0.13%
2 Weeks-3.73%
1 Month-1.84%
3 Month-20.1%
6 Month-35.55%
12 Month-92.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%7.66%
ATR Inc79.97%
Range Today0.75
ADR(20)0.29
ADR(20)%7.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.74
3 months CRS11.9
6 months CRS7.48
Mansfield-4.89
10 Day High4.5
10 Day Low3.68
20 Day High4.88
20 Day Low3.68
52 Week High50.08
52 Week Low3.43
CS1 End3.83
CR1 Start4.38
Volume & EV
DER(3)6.09%
DER(5)11.82%
Volume59.30K
Volume Incr1.72%
Vol(5)14.46K
Vol(50)456.32K
GALAXY PAYROLL GROUP LTD-A / GLXG FAQ
Can you provide the ChartMill technical rating for GALAXY PAYROLL GROUP LTD-A?
ChartMill assigns a technical rating of 0 / 10 to GLXG.
Can you provide the trend direction for GALAXY PAYROLL GROUP LTD-A?
The current trend direction for GALAXY PAYROLL GROUP LTD-A (GLXG) is Bearish.
What is the RSI signal for GALAXY PAYROLL GROUP LTD-A (GLXG) stock?
GALAXY PAYROLL GROUP LTD-A (GLXG) has an RSI value of 43.8575. This indicates that the stock is currently neutral.
What is the short term momentum for GLXG stock?
The short term momentum for GALAXY PAYROLL GROUP LTD-A (GLXG) is neutral.