GALAXY PAYROLL GROUP LTD-A (GLXG) Stock Technical Analysis
USA - NASDAQ:GLXG - VGG376921034 - Common Stock
4.35 USD
+0.1 (+2.35%)
4.01 USD
-0.34 (-7.82%)
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.
When comparing the yearly performance of all stocks, GLXG is a bad performer in the overall market: 99% of all stocks are doing better.
GLXG is part of the Professional Services industry. There are 86 other stocks in this industry, of which 83% 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 3.59 - 5.36 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 bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for GLXG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.73
7.06
3 important support areas can be observed.
- Support @4.16 from a trend line in the daily time frame.
- Support @3.94 from a trend line in the daily time frame.
- Support @3.77 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.36 to 4.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.91 from a trend line in the daily time frame.
- Resistance @6.01 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.28 to 6.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 1.43 | NEGATIVE | GLXG has a low relative strength, it was outperformed by 98.57% 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) | 44.65 | NEUTRAL | The RSI value for GLXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GLXG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.16 | NEUTRAL | The Stochastics value for GLXG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.77 | HIGH VOLATILITY | The high ATR as a percentage value for GLXG suggests high volalility. |
| Average Directional Index/ADX (14) | 14.06 | 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)
4.35
+0.1 (+2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg2.35%
1 Week1.16%
2 Weeks-11.41%
1 Month-11.79%
3 Month-32.03%
6 Month-25.37%
12 Month-96.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%10.77%
ATR Inc9.33%
Range Today0.78
ADR(20)0.41
ADR(20)%9.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.43
3 months CRS5.28
6 months CRS7.77
Mansfield-7.06
10 Day High4.88
10 Day Low4.06
20 Day High5.36
20 Day Low3.59
52 Week High169.26
52 Week Low3.43
CS1 End4.16
CR1 Start4.36
Volume & EV
DER(3)13.24%
DER(5)9.59%
Volume69.90K
Volume Incr-97.07%
Vol(5)28.92K
Vol(50)501.04K