GEOVAX LABS INC (GOVX) Stock Technical Analysis
USA - NASDAQ:GOVX - US3736786068 - Common Stock
Taking everything into account, GOVX scores 0 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 technical rating of GOVX 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
0.47
We found 2 important support areas.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.56 from a trend line in the daily time frame.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 2.38 | NEGATIVE | GOVX has a low relative strength, it was outperformed by 97.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOVX is below 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) | 36.76 | NEUTRAL | The RSI value for GOVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GOVX has a negative trend. |
| Stochastics (14,3) | 19.05 | OVERSOLD | The low Stochastics value suggests GOVX may be oversold. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for GOVX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.7 | POSITIVE | The high ADX value value for GOVX suggests a strong trend. |
0.4979
+0 (+0.38%)
GEOVAX LABS INC / GOVX FAQ
Can you provide the ChartMill technical rating for GEOVAX LABS INC?
ChartMill assigns a technical rating of 0 / 10 to GOVX.
Can you provide the trend direction for GEOVAX LABS INC?
The current trend direction for GEOVAX LABS INC (GOVX) is Bearish.
What is the RSI signal for GEOVAX LABS INC (GOVX) stock?
GEOVAX LABS INC (GOVX) has an RSI value of 36.7638. This indicates that the stock is currently neutral.
What is the MACD signal for GEOVAX LABS INC (GOVX) stock?
The MACD indicator for GEOVAX LABS INC (GOVX) has a value of -0.00394726, indicating a bearish trend.
Can you provide the support and resistance levels for GEOVAX LABS INC?
GEOVAX LABS INC (GOVX) has a support level at 0.48 and a resistance level at 0.51. Check the full technical report for our detailed analysis of GOVX support and resistance levels.