GRITSTONE BIO INC (GRTS) Technical Analysis
NASDAQ:GRTS • US39868T1051
Current stock price
GRTS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GRTS. GRTS'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than GRTS.
- GRTS is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 93% are performing better than GRTS.
- GRTS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GRTS is lagging the market.
- In the last month GRTS has a been trading in the 0.03 - 0.66 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- GRTS has an average volume of 21489700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GRTS Weekly and Daily overview Charts
GRTS Setup Rating and Analysis
The technical rating of GRTS 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
GRTS Support and Resistance Analysis
GRTS Technical Indicator Signal Analysis
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 GRTS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GRTS is down. |
| ChartMill Relative Strength | 0.07 | NEGATIVE | GRTS has a low relative strength, it was outperformed by 99.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 18.33 | OVERSOLD | The low RSI value suggests GRTS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GRTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 0.44 | OVERSOLD | The low Stochastics value suggests GRTS may be oversold. |
| Average True Range in percent/ATR (20) | 155.78 | HIGH VOLATILITY | The high ATR as a percentage value for GRTS suggests high volalility. |
| Average Directional Index/ADX (14) | 42.21 | POSITIVE | The high ADX value value for GRTS suggests a strong trend. |
GRTS Chart- and CandleStick Pattern Analysis
GRTS Technicals: Chart, Performance Metrics, Trend & Indicators
0.0322
-0.01 (-31.78%)
GRITSTONE BIO INC / GRTS TA FAQ
What is the ChartMill technical rating of GRITSTONE BIO INC (GRTS) stock?
ChartMill assigns a technical rating of 0 / 10 to GRTS.
What is the current trend direction of GRITSTONE BIO INC (GRTS) stock?
The current trend direction for GRITSTONE BIO INC (GRTS) is Bearish.
What is the RSI signal for GRITSTONE BIO INC (GRTS) stock?
GRITSTONE BIO INC (GRTS) has an RSI value of 18.3345. This indicates that the stock is currently oversold.
What is the MACD signal for GRTS stock?
The MACD indicator for GRITSTONE BIO INC (GRTS) has a value of -0.0126852, indicating a bearish trend.
What is the buy/sell signal for GRITSTONE BIO INC (GRTS) stock?
The buy/sell signal for GRITSTONE BIO INC (GRTS) is sell as both the short term and long term trends are negative.