GALERA THERAPEUTICS INC (GRTX) Technical Analysis
NASDAQ:GRTX • US36338D1081
Current stock price
GRTX Technical Rating and Analysis
Overall GRTX gets a technical rating of 0 out of 10. GRTX'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, GRTX is a bad performer in the overall market: 99% of all stocks are doing better.
- GRTX is one of the lesser performing stocks in the Biotechnology industry. 87% of 517 stocks in the same industry do better.
- GRTX 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 GRTX is lagging the market.
- In the last month GRTX has a been trading in the 0.14 - 0.23 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.
- GRTX has an average volume of 2028660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GRTX Weekly and Daily overview Charts
GRTX Setup Rating and Analysis
The technical rating of GRTX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GRTX Support and Resistance Analysis
0.14
2 important resistance areas can be observed.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.27 from a horizontal line in the daily time frame.
GRTX 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 GRTX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRTX is neutral. |
| ChartMill Relative Strength | 1.91 | NEGATIVE | GRTX has a low relative strength, it was outperformed by 98.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GRTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.02 | NEUTRAL | The RSI value for GRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GRTX has a negative trend. |
| Stochastics (14,3) | 58.84 | NEUTRAL | The Stochastics value for GRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 14.92 | HIGH VOLATILITY | The high ATR as a percentage value for GRTX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.85 | NEGATIVE | The low ADX value for GRTX suggests a weak or negative trend. |
GRTX Chart- and CandleStick Pattern Analysis
GRTX Technicals: Chart, Performance Metrics, Trend & Indicators
0.145
-0.07 (-32.59%)
GALERA THERAPEUTICS INC / GRTX TA FAQ
What is the ChartMill technical rating of GALERA THERAPEUTICS INC (GRTX) stock?
ChartMill assigns a technical rating of 0 / 10 to GRTX.
What is the trend direction for GRTX stock?
The current trend direction for GALERA THERAPEUTICS INC (GRTX) is Bearish.
What is the RSI signal for GALERA THERAPEUTICS INC (GRTX) stock?
GALERA THERAPEUTICS INC (GRTX) has an RSI value of 38.0192. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GALERA THERAPEUTICS INC?
The short term momentum for GALERA THERAPEUTICS INC (GRTX) is neutral.