GALAXY PAYROLL GROUP LTD-A (GLXG) Stock Technical Analysis
USA - NASDAQ:GLXG - VGG376921034 - Common Stock
4.29 USD
-0.64 (-13.01%)
4.12 USD
-0.17 (-3.96%)
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than GLXG.
GLXG is part of the Professional Services industry. There are 81 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 3.43 - 7.59 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.
The technical rating of GLXG is bad and it also does not present a 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
4.25
6.92
We can see 2 important resistance areas.
- Resistance @6.61 from a trend line in the daily time frame.
- Resistance @6.85 from a trend 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 | 1.79 | NEGATIVE | GLXG has a low relative strength, it was outperformed by 98.21% 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) | 39.47 | NEUTRAL | The RSI value for GLXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GLXG has a negative trend. |
| Stochastics (14,3) | 32.62 | NEUTRAL | The Stochastics value for GLXG is a neutral value. |
| Average True Range in percent/ATR (20) | 19.52 | HIGH VOLATILITY | The high ATR as a percentage value for GLXG suggests high volalility. |
| Average Directional Index/ADX (14) | 23.39 | 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)
4.29
-0.64 (-13.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-13.01%
1 Week-34.89%
2 Weeks-26.85%
1 Month-15.05%
3 Month-21.64%
6 Month-30.81%
12 Month-92.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%19.52%
ATR Inc-21.54%
Range Today1.07
ADR(20)0.76
ADR(20)%17.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.79
Mansfield-8.16
10 Day High7.59
10 Day Low4.29
20 Day High7.59
20 Day Low3.43
52 Week High169.26
52 Week Low3.43
CS1 EndN/A
CR1 Start6.61
Volume & EV
DER(3)-9.57%
DER(5)-11.1%
Volume58.60K
Volume Incr-79.94%
Vol(5)42.40K
Vol(50)128.70K