GALAXY PAYROLL GROUP LTD-A (GLXG) Stock Technical Analysis
NASDAQ:GLXG - VGG376921034 - Common Stock
0.4938 USD
-0.01 (-1.24%)
0.46 USD
-0.03 (-6.84%)
Overall GLXG gets a technical rating of 1 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than GLXG.
GLXG is part of the Professional Services industry. There are 83 other stocks in this industry, of which 87% 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.
GLXG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
GLXG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
0.49
0.61
We found 1 important support area.
- Support @0.49 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @0.51 from a horizontal line in the daily time frame.
- Resistance @0.53 from a trend line in the weekly time frame.
- Resistance @0.54 from a trend line in the daily time frame.
- Resistance @0.59 from a trend line in the weekly time frame.
- Resistance @0.60 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 | 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) | UP | MIXED | The current price of GLXG is below the rising 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) | 37.46 | NEUTRAL | The RSI value for GLXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GLXG has a positive trend. |
| Stochastics (14,3) | 27.76 | NEUTRAL | The Stochastics value for GLXG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for GLXG suggests high volalility. |
| Average Directional Index/ADX (14) | 23.09 | 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)
0.4938
-0.01 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.24%
1 Week-1.24%
2 Weeks-1.24%
1 Month-15.6%
3 Month-10.22%
6 Month-40.51%
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)%8.71%
ATR Inc-44.7%
Range Today0.02
ADR(20)0.04
ADR(20)%8.45%
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 High0.6
10 Day Low0.48
20 Day High0.6
20 Day Low0.46
52 Week High16.93
52 Week Low0.39
CS1 End0.49
CR1 Start0.51
Volume & EV
DER(3)16.99%
DER(5)-0.93%
Volume67.80K
Volume Incr147.15%
Vol(5)192.94K
Vol(50)109.40K