GALAXY DIGITAL INC-A (GLXY) Stock Technical Analysis
NASDAQ:GLXY - Nasdaq - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GLXY. GLXY'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 technical rating of GLXY is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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19.78
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.99 to 20.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GLXY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLXY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLXY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 40.56 | NEUTRAL | The RSI value for GLXY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GLXY has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 31.27 | POSITIVE | The high ADX value value for GLXY suggests a strong trend. |
19.98
+0.91 (+4.77%)