GEMINI THERAPEUTICS INC (GMTX) Stock Technical Analysis
NASDAQ:GMTX - Nasdaq - US36870G1058 - Common Stock - Currency: USD
Taking everything into account, GMTX scores 0 out of 10 in our technical rating. GMTX'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.
85% of all other stocks performed better in the past year than GMTX.
GMTX 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
GMTX is an average performer in the Biotechnology industry, it outperforms 47% of 550 stocks in the same industry.
In the last month GMTX has a been trading in the 1.18 - 1.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GMTX 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
1.34
2.03
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.35 to 1.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.01 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 | NEUTRAL | NEUTRAL | The long term trend for GMTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GMTX is down. |
| ChartMill Relative Strength | 15.01 | NEGATIVE | GMTX has a low relative strength, it was outperformed by 84.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GMTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GMTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GMTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.15 | OVERSOLD | The low RSI value suggests GMTX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GMTX has a negative trend. |
| Stochastics (14,3) | 23.14 | NEUTRAL | The Stochastics value for GMTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.3 | HIGH VOLATILITY | The high ATR as a percentage value for GMTX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.49 | POSITIVE | The high ADX value value for GMTX suggests a strong 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)
1.35
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-12.34%
2 Weeks-18.18%
1 Month-21.51%
3 Month-17.68%
6 Month-21.51%
12 Month-53.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.3%
ATR Inc5.01%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.01
Mansfield-0.97
10 Day High1.71
10 Day Low1.18
20 Day High1.73
20 Day Low1.18
52 Week High3.1
52 Week Low1.16
CS1 EndN/A
CR1 Start1.35
Volume & EV
DER(3)9.27%
DER(5)3.86%
Volume63.80K
Volume Incr1796.58%
Vol(5)604.44K
Vol(50)150.76K