GLYCOMIMETICS INC (GLYC) Technical Analysis
NASDAQ:GLYC • US38000Q1022
Current stock price
GLYC Technical Rating and Analysis
Overall GLYC gets a technical rating of 0 out of 10. GLYC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GLYC is a bad performer in the overall market: 94% of all stocks are doing better.
- GLYC is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 79% are performing better than GLYC.
- GLYC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GLYC is lagging the market.
- In the last month GLYC has a been trading in the 0.15 - 0.28 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- GLYC has an average volume of 2282300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GLYC Weekly and Daily overview Charts
GLYC Setup Rating and Analysis
The technical rating of GLYC 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
GLYC Support and Resistance Analysis
0.16
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.23 from a trend line in the daily time frame.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.27 from a horizontal line in the daily time frame.
- Resistance @0.29 from a horizontal line in the weekly time frame.
GLYC Technical Indicator Signal Analysis
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 GLYC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLYC is down. |
| ChartMill Relative Strength | 6.22 | NEGATIVE | GLYC has a low relative strength, it was outperformed by 93.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLYC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLYC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLYC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.56 | OVERSOLD | The low RSI value suggests GLYC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GLYC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.61 | OVERSOLD | The low Stochastics value suggests GLYC may be oversold. |
| Average True Range in percent/ATR (20) | 13.37 | HIGH VOLATILITY | The high ATR as a percentage value for GLYC suggests high volalility. |
| Average Directional Index/ADX (14) | 27.36 | POSITIVE | The high ADX value value for GLYC suggests a strong trend. |
GLYC Chart- and CandleStick Pattern Analysis
GLYC Technicals: Chart, Performance Metrics, Trend & Indicators
0.157
-0.01 (-5.42%)
GLYCOMIMETICS INC / GLYC TA FAQ
Can you provide the ChartMill technical rating for GLYCOMIMETICS INC?
ChartMill assigns a technical rating of 0 / 10 to GLYC.
What is the trend direction for GLYC stock?
The current trend direction for GLYCOMIMETICS INC (GLYC) is Bearish.
What is the RSI signal for GLYCOMIMETICS INC (GLYC) stock?
GLYCOMIMETICS INC (GLYC) has an RSI value of 23.5575. This indicates that the stock is currently oversold.
What is the MACD signal for GLYC stock?
The MACD indicator for GLYCOMIMETICS INC (GLYC) has a value of -0.00611814, indicating a bearish trend.
Can you provide the buy/sell signal for GLYCOMIMETICS INC?
The buy/sell signal for GLYCOMIMETICS INC (GLYC) is sell as both the short term and long term trends are negative.