We assign a technical rating of 2 out of 10 to GLXY. GLXY performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
GLXY 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
22.68
3 important support areas can be observed.
- Support @24.07 from a trend line in the daily time frame.
- A support zone ranging from 23.42 to 23.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @29.86 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 | UP | POSITIVE | The long term trend for GLXY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLXY is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLXY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GLXY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLXY is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.15 | NEUTRAL | The RSI value for GLXY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests GLXY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.03 | NEUTRAL | The Stochastics value for GLXY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.85 | HIGH VOLATILITY | The high ATR as a percentage value for GLXY suggests high volalility. |
| Average Directional Index/ADX (14) | 16.74 | NEGATIVE | The low ADX value for GLXY suggests a weak or negative trend. |
26.75
-3.11 (-10.42%)
GALAXY DIGITAL INC-A / GLXY FAQ
Can you provide the ChartMill technical rating for GALAXY DIGITAL INC-A?
ChartMill assigns a technical rating of 2 / 10 to GLXY.
What is the current trend direction of GALAXY DIGITAL INC-A (GLXY) stock?
The current trend direction for GALAXY DIGITAL INC-A (GLXY) is Bullish.
What is the RSI signal for GLXY stock?
GALAXY DIGITAL INC-A (GLXY) has an RSI value of 45.1519. This indicates that the stock is currently neutral.
What is the MACD signal for GLXY stock?
The MACD indicator for GALAXY DIGITAL INC-A (GLXY) has a value of 0.663916, indicating a bearish trend.