GEOVAX LABS INC (GOVX) Stock Technical Analysis
USA - NASDAQ:GOVX - US3736786068 - Common Stock
0.5976 USD
+0.05 (+8.16%)
0.5857 USD
-0.01 (-1.99%)
Overall GOVX gets a technical rating of 0 out of 10. GOVX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GOVX is a bad performer in the overall market: 97% of all stocks are doing better.
GOVX is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 84% are performing better than GOVX.
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.
In the last month GOVX has a been trading in the 0.46 - 0.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOVX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GOVX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.48
0.70
2 important support areas can be observed.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.48 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.62 from a trend line in the daily time frame.
- Resistance @0.69 from a trend 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 | DOWN | NEGATIVE | The long term trend for GOVX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOVX is down. |
| ChartMill Relative Strength | 3.37 | NEGATIVE | GOVX has a low relative strength, it was outperformed by 96.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GOVX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOVX is below 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) | 48.29 | 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. |
| Stochastics (14,3) | 60.86 | NEUTRAL | The Stochastics value for GOVX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for GOVX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.5 | POSITIVE | The high ADX value value for GOVX 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)
0.5976
+0.05 (+8.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.16%
1 Week7.5%
2 Weeks3.95%
1 Month-9.04%
3 Month-24.35%
6 Month-38.82%
12 Month-71.13%
2 Year-91.95%
3 Year-95.76%
5 Year-98.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%8.4%
ATR Inc-29.35%
Range Today0.06
ADR(20)0.05
ADR(20)%8.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.37
Mansfield-6
10 Day High0.63
10 Day Low0.52
20 Day High0.7
20 Day Low0.46
52 Week High3.88
52 Week Low0.43
CS1 End0.55
CR1 Start0.61
Volume & EV
DER(3)3.83%
DER(5)7.15%
Volume867.40K
Volume Incr-2.15%
Vol(5)1.14M
Vol(50)912.69K