GENMAB A/S -SP ADR (GMAB) Technical Analysis
NASDAQ:GMAB • US3723032062
Current stock price
GMAB Technical Rating and Analysis
Overall GMAB gets a technical rating of 4 out of 10. In the past year, GMAB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month GMAB has a been trading in the 24.95 - 28.63 range, which is quite wide. It is currently trading near the high of this range.
- GMAB has an average volume of 1610170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, GMAB outperforms 68% of them, which is more or less in line with the market.
- GMAB is part of the Biotechnology industry. There are 517 other stocks in this industry, GMAB did better than 53% of them.
- GMAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GMAB is lagging the market.
GMAB Weekly and Daily overview Charts
GMAB Setup Rating and Analysis
GMAB has an average technical rating and it also 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
GMAB Support and Resistance Analysis
24.85
When analyzing the support we notice one important area.
- A support zone ranging from 25.10 to 25.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.26 to 28.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GMAB 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 | NEUTRAL | NEUTRAL | The long term trend for GMAB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GMAB is up. |
| ChartMill Relative Strength | 68.86 | NEUTRAL | GMAB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GMAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GMAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GMAB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.09 | NEUTRAL | The RSI value for GMAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests GMAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.79 | OVERBOUGHT | The high Stochastics value suggests GMAB may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for GMAB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.14 | NEGATIVE | The low ADX value for GMAB suggests a weak or negative trend. |
GMAB Chart- and CandleStick Pattern Analysis
GMAB Technicals: Chart, Performance Metrics, Trend & Indicators
28.25
-0.03 (-0.11%)
GENMAB A/S -SP ADR / GMAB TA FAQ
What is the ChartMill technical rating of GENMAB A/S -SP ADR (GMAB) stock?
ChartMill assigns a technical rating of 4 / 10 to GMAB.
What is the trend direction for GMAB stock?
The current trend direction for GENMAB A/S -SP ADR (GMAB) is Bearish.
What is the RSI signal for GMAB stock?
GENMAB A/S -SP ADR (GMAB) has an RSI value of 58.0933. 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 0.405785, indicating a bearish trend.