GOSSAMER BIO INC (GOSS) Stock Technical Analysis
NASDAQ:GOSS - US38341P1021 - Common Stock
2.94 USD
+0.43 (+17.13%)
2.94 USD
0 (0%)
We assign a technical rating of 10 out of 10 to GOSS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GOSS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GOSS did better than 98% of all other stocks. We also observe that the gains produced by GOSS over the past year are nicely spread over this period.
GOSS is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 542 stocks in the same industry.
A new 52 week high is currently being made by GOSS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GOSS has a been trading in the 1.67 - 2.98 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GOSS has an average volume of 3503050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GOSS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.12
2.97
3 important support areas can be observed.
- Support @2.08 from a trend line in the daily time frame.
- Support @1.56 from a trend line in the daily time frame.
- Support @1.13 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 | UP | POSITIVE | The long term trend for GOSS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOSS is up. |
| ChartMill Relative Strength | 98.29 | POSITIVE | GOSS has a high relative strength, it outperformed 98.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOSS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOSS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.74 | OVERBOUGHT | The high RSI value suggests GOSS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GOSS has a positive trend. |
| Stochastics (14,3) | 85.98 | OVERBOUGHT | The high Stochastics value suggests GOSS may be overbought. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for GOSS suggests high volalility. |
| Average Directional Index/ADX (14) | 44.65 | POSITIVE | The high ADX value value for GOSS 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)
2.94
+0.43 (+17.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg17.13%
1 Week22.5%
2 Weeks35.48%
1 Month68.97%
3 Month121.05%
6 Month142.98%
12 Month223.08%
2 Year253.03%
3 Year-75.46%
5 Year-76.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.09%
ATR Inc128.11%
Range Today0.47
ADR(20)0.18
ADR(20)%5.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.29
Mansfield12.34
10 Day High2.98
10 Day Low2.15
20 Day High2.98
20 Day Low1.67
52 Week High2.98
52 Week Low0.66
CS1 End2.08
CR1 StartN/A
Volume & EV
DER(3)0.15%
DER(5)-0.08%
Volume7.66M
Volume Incr58.78%
Vol(5)4.90M
Vol(50)3.50M