GENMAB A/S -SP ADR (GMAB) Stock Technical Analysis
NASDAQ:GMAB - Nasdaq - US3723032062 - ADR - Currency: USD
Overall GMAB gets a technical rating of 1 out of 10. GMAB'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than GMAB.
GMAB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GMAB has a been trading in the 20.31 - 23.13 range, which is quite wide. It is currently trading near the lows of this range.
GMAB has an average volume of 1465350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GMAB is an average performer in the Biotechnology industry, it outperforms 55% of 555 stocks in the same industry.
GMAB 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
20.24
24.62
We found 1 important support area.
- Support @20.44 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 20.93 to 21.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.44 from a trend line in the weekly time frame.
- A resistance zone ranging from 22.82 to 23.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.71 from a horizontal line in the daily time frame.
- Resistance @24.38 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 | DOWN | NEGATIVE | The long term trend for GMAB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GMAB is down. |
| ChartMill Relative Strength | 23.48 | NEGATIVE | GMAB has a low relative strength, it was outperformed by 76.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GMAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GMAB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GMAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.19 | NEUTRAL | The RSI value for GMAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests GMAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.35 | OVERSOLD | The low Stochastics value suggests GMAB may be oversold. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for GMAB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.57 | NEGATIVE | The low ADX value for GMAB 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)
20.66
+0.16 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.78%
1 Week-0.1%
2 Weeks-9.47%
1 Month-1.38%
3 Month12.34%
6 Month-3.77%
12 Month-19.11%
2 Year-45.65%
3 Year-36.41%
5 Year-39.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%2.42%
ATR Inc-33.93%
Range Today0.24
ADR(20)0.36
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.48
Mansfield-1.47
10 Day High23.06
10 Day Low20.31
20 Day High23.13
20 Day Low20.31
52 Week High28.56
52 Week Low17.24
CS1 End20.4
CR1 Start22.82
Volume & EV
DER(3)3.41%
DER(5)0.81%
Volume1.02M
Volume Incr41.14%
Vol(5)1.93M
Vol(50)1.47M