GEMINI THERAPEUTICS INC (GMTX) Technical Analysis
NASDAQ:GMTX • US36870G1058
Current stock price
GMTX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GMTX. GMTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, GMTX is a bad performer in the overall market: 85% of all stocks are doing better.
- GMTX is one of the lesser performing stocks in the Biotechnology industry. 67% of 516 stocks in the same industry do better.
- 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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.
GMTX Weekly and Daily overview Charts
GMTX Setup Rating and Analysis
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
GMTX Support and Resistance Analysis
1.34
2 important resistance areas can be observed.
- 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.
GMTX 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 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. |
GMTX Chart- and CandleStick Pattern Analysis
GMTX Technicals: Chart, Performance Metrics, Trend & Indicators
1.35
0 (0%)
GEMINI THERAPEUTICS INC / GMTX TA FAQ
What is the ChartMill technical rating of GEMINI THERAPEUTICS INC (GMTX) stock?
ChartMill assigns a technical rating of 0 / 10 to GMTX.
What is the current trend direction of GEMINI THERAPEUTICS INC (GMTX) stock?
The current trend direction for GEMINI THERAPEUTICS INC (GMTX) is Bearish.
What is the RSI signal for GEMINI THERAPEUTICS INC (GMTX) stock?
GEMINI THERAPEUTICS INC (GMTX) has an RSI value of 27.1537. This indicates that the stock is currently oversold.
What is the short term momentum for GMTX stock?
The short term momentum for GEMINI THERAPEUTICS INC (GMTX) is negative.
What is the support and resistance level for GMTX stock?
GEMINI THERAPEUTICS INC (GMTX) has a resistance level at 1.35. Check the full technical report for our detailed analysis of GMTX support and resistance levels.