GALAXY PAYROLL GROUP LTD-A (GLXG) Stock Technical Analysis
NASDAQ:GLXG - Nasdaq - VGG376921034 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GLXG. GLXG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GLXG is a bad performer in the overall market: 100% of all stocks are doing better.
GLXG is one of the lesser performing stocks in the Professional Services industry. 88% of 81 stocks in the same industry do better.
GLXG has an average volume of 1627280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GLXG has a been trading in the 0.39 - 0.62 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 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
0.51
0.96
3 important resistance areas can be observed.
- Resistance @0.58 from a horizontal line in the daily time frame.
- Resistance @0.64 from a trend line in the daily time frame.
- Resistance @0.95 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for GLXG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLXG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLXG has a low relative strength, it was outperformed by 100% 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). |
| Relative Strength Index/RSI (14) | 42.75 | NEUTRAL | The RSI value for GLXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GLXG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.74 | NEUTRAL | The Stochastics value for GLXG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.27 | HIGH VOLATILITY | The high ATR as a percentage value for GLXG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.01 | NEUTRAL | The ADX value for GLXG suggests a possible start of a new 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)
0.5152
-0.01 (-2.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-2.79%
1 Week-4.59%
2 Weeks-2.79%
1 Month-16.77%
3 Month-42.11%
6 Month-34.54%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.27%
ATR Inc197.96%
Range Today0.05
ADR(20)0.04
ADR(20)%7.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.58
10 Day Low0.39
20 Day High0.62
20 Day Low0.39
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.58
Volume & EV
DER(3)4.85%
DER(5)3.45%
Volume122.70K
Volume Incr516.27%
Vol(5)410.68K
Vol(50)1.63M