GENMAB A/S -SP ADR (GMAB) Stock Technical Analysis
USA - NASDAQ:GMAB - US3723032062 - ADR
Overall GMAB gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GMAB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GMAB has an excellent technical rating, it does not offer a high 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
22.86
We found 4 important support areas.
- A support zone ranging from 29.29 to 29.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 28.61 to 28.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.52 from a trend line in the daily time frame.
- Support @23.09 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.57 to 33.57. 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 | UP | POSITIVE | The long term trend for GMAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GMAB is up. |
| ChartMill Relative Strength | 90.7 | POSITIVE | GMAB has a high relative strength, it outperformed 90.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GMAB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GMAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GMAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.97 | NEUTRAL | The RSI value for GMAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests GMAB has a positive trend. |
| Stochastics (14,3) | 89.04 | OVERBOUGHT | The high Stochastics value suggests GMAB may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for GMAB suggests some volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for GMAB suggests a possible start of a new trend. |
30.24
-0.23 (-0.75%)
GENMAB A/S -SP ADR / GMAB FAQ
What is the ChartMill technical rating of GENMAB A/S -SP ADR (GMAB) stock?
ChartMill assigns a technical rating of 9 / 10 to GMAB.
What is the current trend direction of GENMAB A/S -SP ADR (GMAB) stock?
The current trend direction for GENMAB A/S -SP ADR (GMAB) is Bullish.
Can you provide the RSI signal for GENMAB A/S -SP ADR?
GENMAB A/S -SP ADR (GMAB) has an RSI value of 54.9693. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GENMAB A/S -SP ADR?
The MACD indicator for GENMAB A/S -SP ADR (GMAB) has a value of 0.0865219, indicating a bearish trend.
Can you provide the support and resistance levels for GENMAB A/S -SP ADR?
GENMAB A/S -SP ADR (GMAB) has a support level at 29.9 and a resistance level at 33.57. Check the full technical report for our detailed analysis of GMAB support and resistance levels.