GT BIOPHARMA INC (GTBP) Stock Technical Analysis
USA - NASDAQ:GTBP - US36254L3087 - Common Stock
0.7511 USD
-0.33 (-30.45%)
0.747 USD
0 (-0.55%)
Taking everything into account, GTBP scores 1 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 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, GTBP is a bad performer in the overall market: 99% of all stocks are doing better.
GTBP is one of the lesser performing stocks in the Biotechnology industry. 89% of 536 stocks in the same industry do better.
GTBP 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 GTBP has a been trading in the 0.55 - 1.37 range, which is quite wide. It is currently trading near the lows of this range.
GTBP has an average volume of 1894660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of GTBP 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
0.74
0.77
We found 1 important resistance area.
- A resistance zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages 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 GTBP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GTBP is neutral. |
| ChartMill Relative Strength | 1.14 | NEGATIVE | GTBP has a low relative strength, it was outperformed by 98.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GTBP is below the rising 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) | 45.28 | NEUTRAL | The RSI value for GTBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GTBP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.41 | NEUTRAL | The Stochastics value for GTBP is a neutral value. |
| Average True Range in percent/ATR (20) | 16.25 | HIGH VOLATILITY | The high ATR as a percentage value for GTBP suggests high volalility. |
| Average Directional Index/ADX (14) | 38.74 | POSITIVE | The high ADX value value for GTBP suggests a strong 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)
0.7511
-0.33 (-30.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-30.45%
1 Week17.56%
2 Weeks-1.3%
1 Month0.82%
3 Month-66.32%
6 Month-66.32%
12 Month-63.36%
2 Year-89.95%
3 Year-98.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%16.25%
ATR Inc548.72%
Range Today0.19
ADR(20)0.11
ADR(20)%14.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.14
Mansfield-7.04
10 Day High1.37
10 Day Low0.55
20 Day High1.37
20 Day Low0.55
52 Week High4.1
52 Week Low0.55
CS1 EndN/A
CR1 Start0.76
Volume & EV
DER(3)0.14%
DER(5)-1.74%
Volume6.94M
Volume Incr2225.21%
Vol(5)15.67M
Vol(50)1.89M