GEOVAX LABS INC (GOVX) Stock Technical Analysis
NASDAQ:GOVX - US3736786068 - Common Stock
0.7456 USD
+0 (+0.15%)
0.7233 USD
-0.02 (-2.99%)
Taking everything into account, GOVX scores 1 out of 10 in our technical rating. GOVX'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GOVX is a bad performer in the overall market: 98% of all stocks are doing better.
GOVX is one of the lesser performing stocks in the Biotechnology industry. 84% of 545 stocks in the same industry do better.
GOVX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
GOVX has an average volume of 1732330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GOVX has a been trading in the 0.65 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GOVX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.65
0.80
2 important support areas can be observed.
- Support @0.68 from a horizontal line in the weekly time frame.
- Support @0.66 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.77 to 0.79. 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 | DOWN | NEGATIVE | The long term trend for GOVX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOVX is neutral. |
| ChartMill Relative Strength | 2.23 | NEGATIVE | GOVX has a low relative strength, it was outperformed by 97.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOVX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GOVX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOVX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.4 | NEUTRAL | The RSI value for GOVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GOVX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.68 | NEUTRAL | The Stochastics value for GOVX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for GOVX suggests high volalility. |
| Average Directional Index/ADX (14) | 8.52 | NEGATIVE | The low ADX value for GOVX suggests a weak or negative 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)
0.7456
+0 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.15%
1 Week-2.66%
2 Weeks-1.82%
1 Month2.88%
3 Month-26.9%
6 Month-48.22%
12 Month-83.9%
2 Year-91.38%
3 Year-95.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%6.71%
ATR Inc-6.58%
Range Today0.05
ADR(20)0.05
ADR(20)%6.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.23
Mansfield-5.81
10 Day High0.8
10 Day Low0.69
20 Day High0.8
20 Day Low0.65
52 Week High4.83
52 Week Low0.43
CS1 End0.68
CR1 Start0.75
Volume & EV
DER(3)-12.93%
DER(5)-9.91%
Volume277.90K
Volume Incr-45.03%
Vol(5)541.18K
Vol(50)1.73M