GT BIOPHARMA INC (GTBP) Technical Analysis
NASDAQ:GTBP • US36254L3087
Current stock price
GTBP Technical Rating and Analysis
Taking everything into account, GTBP scores 0 out of 10 in our technical rating. GTBP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than GTBP.
- GTBP is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 87% are performing better than GTBP.
- GTBP 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 GTBP is lagging the market.
- In the last month GTBP has a been trading in the 0.39 - 0.49 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.
- GTBP has an average volume of 1025480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GTBP Weekly and Daily overview Charts
GTBP Setup Rating and Analysis
GTBP has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
GTBP Support and Resistance Analysis
0.41
3 important resistance areas can be observed.
- A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.48 from a horizontal line in the daily time frame.
- Resistance @0.74 from a trend line in the daily time frame.
GTBP 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 GTBP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTBP is down. |
| ChartMill Relative Strength | 2.47 | NEGATIVE | GTBP has a low relative strength, it was outperformed by 97.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GTBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.34 | NEUTRAL | The RSI value for GTBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GTBP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.53 | NEUTRAL | The Stochastics value for GTBP is a neutral value. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for GTBP suggests high volalility. |
| Average Directional Index/ADX (14) | 20.96 | NEUTRAL | The ADX value for GTBP suggests a possible start of a new trend. |
GTBP Chart- and CandleStick Pattern Analysis
GTBP Technicals: Chart, Performance Metrics, Trend & Indicators
0.4143
+0.01 (+1.32%)
GT BIOPHARMA INC / GTBP TA FAQ
What is the technical rating for GTBP stock?
ChartMill assigns a technical rating of 0 / 10 to GTBP.
What is the current trend direction of GT BIOPHARMA INC (GTBP) stock?
The current trend direction for GT BIOPHARMA INC (GTBP) is Bearish.
What is the RSI signal for GT BIOPHARMA INC (GTBP) stock?
GT BIOPHARMA INC (GTBP) has an RSI value of 39.3392. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for GT BIOPHARMA INC?
The buy/sell signal for GT BIOPHARMA INC (GTBP) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GT BIOPHARMA INC (GTBP) stock?
GT BIOPHARMA INC (GTBP) has a resistance level at 0.44. Check the full technical report for our detailed analysis of GTBP support and resistance levels.