GLYCOMIMETICS INC (GLYC) Stock Technical Analysis
NASDAQ:GLYC - Nasdaq - US38000Q1022 - Common Stock - Currency: USD
Taking everything into account, GLYC scores 0 out of 10 in our technical rating. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GLYC is a bad performer in the overall market: 74% of all stocks are doing better.
GLYC is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 0.23 - 0.29 range, which is quite wide. It is currently trading near the lows of this range.
GLYC is one of the better performing stocks in the Biotechnology industry, it outperforms 70% of 561 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
GLYC 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. There is a support zone below the current price at 0.24, a Stop Loss order could be placed below this zone.
More info and screens
0.18
0.30
When analyzing the support we can see 2 important areas.
- Support @0.19 from a trend line in the weekly time frame.
- Support @0.18 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.30 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 GLYC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLYC is neutral. |
| ChartMill Relative Strength | 26.59 | NEGATIVE | GLYC has a low relative strength, it was outperformed by 73.41% 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) | UP | MIXED | The current price of GLYC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.91 | NEUTRAL | The RSI value for GLYC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GLYC has a negative trend. |
| Stochastics (14,3) | 37.27 | NEUTRAL | The Stochastics value for GLYC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.45 | HIGH VOLATILITY | The high ATR as a percentage value for GLYC suggests high volalility. |
| Average Directional Index/ADX (14) | 12 | NEGATIVE | The low ADX value for GLYC suggests a weak or negative 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)
NASDAQ:GLYC (5/23/2025, 11:22:58 AM)
0.2378
-0.01 (-4.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.11%
1 Week-0.72%
2 Weeks2.27%
1 Month-1.08%
3 Month-15.9%
6 Month-21.72%
12 Month-8.15%
2 Year-86.67%
3 Year-62.75%
5 Year-91.24%
10 Year-96.89%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.45%
ATR Inc-38.16%
Range Today0.01
ADR(20)0.02
ADR(20)%9.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.59
Mansfield-0.19
10 Day High0.28
10 Day Low0.23
20 Day High0.29
20 Day Low0.23
52 Week High0.63
52 Week Low0.14
CS1 End0.24
CR1 Start0.25
Volume & EV
DER(3)-18.29%
DER(5)-10.92%
Volume54.77K
Volume Incr-66%
Vol(5)180.02K
Vol(50)367.01K