GEOVAX LABS INC (GOVX) Stock Technical Analysis
NASDAQ:GOVX - Nasdaq - US3736786068 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GOVX. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 551 other stocks in this industry, of which 80% 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 0.65 - 0.92 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GOVX has an average volume of 1960150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
GOVX has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.65
0.79
When analyzing the support we notice one important area.
- A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.71 to 0.72. 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 0.74 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.78 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 | 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 | 3.69 | NEGATIVE | GOVX has a low relative strength, it was outperformed by 96.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GOVX is below the rising 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) | 42.15 | 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) | 7.41 | OVERSOLD | The low Stochastics value suggests GOVX may be oversold. |
| Average True Range in percent/ATR (20) | 9.4 | HIGH VOLATILITY | The high ATR as a percentage value for GOVX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.04 | 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)
0.679
+0.01 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.43%
1 Week-6.31%
2 Weeks-14.05%
1 Month0.49%
3 Month-26.8%
6 Month-60.06%
12 Month-63.59%
2 Year-92.15%
3 Year-96.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%9.4%
ATR Inc-63.28%
Range Today0.04
ADR(20)0.06
ADR(20)%9.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.69
Mansfield-6.78
10 Day High0.83
10 Day Low0.65
20 Day High0.92
20 Day Low0.65
52 Week High11.18
52 Week Low0.43
CS1 End0.67
CR1 Start0.71
Volume & EV
DER(3)-9%
DER(5)-6.24%
Volume432.00K
Volume Incr-63.81%
Vol(5)742.18K
Vol(50)1.96M