GEOVAX LABS INC (GOVX) Stock Technical Analysis
NASDAQ:GOVX - Nasdaq - US3736786068 - Common Stock - Currency: USD
Taking everything into account, GOVX scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GOVX was also a bad performer in the overall market in the last year.
90% of all other stocks performed better in the past year than GOVX.
GOVX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GOVX is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
GOVX is part of the Biotechnology industry. There are 560 other stocks in this industry, GOVX did better than 45% of them.
In the last month GOVX has a been trading in the 0.85 - 1.16 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 poor technical rating and the quality of the setup is also not perfect 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
0.96
1.10
We found 1 important support area.
- A support zone ranging from 0.97 to 0.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.08 to 1.09. 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 | UP | POSITIVE | The short term trend for GOVX is up. |
| ChartMill Relative Strength | 10.18 | NEGATIVE | GOVX has a low relative strength, it was outperformed by 89.82% 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) | 55.52 | NEUTRAL | The RSI value for GOVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GOVX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.97 | NEUTRAL | The Stochastics value for GOVX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for GOVX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.3 | 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)
1.07
+0.01 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.94%
1 Week9.19%
2 Weeks16.94%
1 Month5.94%
3 Month-25.69%
6 Month-59.47%
12 Month-41.21%
2 Year-88.49%
3 Year-95.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.5%
ATR Inc-35.85%
Range Today0.04
ADR(20)0.07
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
CRS10.18
Mansfield-5.32
10 Day High1.16
10 Day Low0.85
20 Day High1.16
20 Day Low0.85
52 Week High11.18
52 Week Low0.73
CS1 End0.99
CR1 Start1.08
Volume & EV
DER(3)5.47%
DER(5)1.37%
Volume166.20K
Volume Incr-10.3%
Vol(5)290.92K
Vol(50)394.71K