GT BIOPHARMA INC (GTBP) Stock Technical Analysis
USA - NASDAQ:GTBP - US36254L3087 - Common Stock
Taking everything into account, GTBP scores 0 out of 10 in our technical rating. GTBP'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 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.
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0.60
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 GTBP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTBP is down. |
| ChartMill Relative Strength | 0.87 | NEGATIVE | GTBP has a low relative strength, it was outperformed by 99.13% 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) | 40.79 | 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) | 15.81 | OVERSOLD | The low Stochastics value suggests GTBP may be oversold. |
| Average True Range in percent/ATR (20) | 12.51 | HIGH VOLATILITY | The high ATR as a percentage value for GTBP suggests high volalility. |
| Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for GTBP suggests a strong trend. |
0.6103
-0.01 (-1.25%)
GT BIOPHARMA INC / GTBP FAQ
What is the technical rating for GTBP stock?
ChartMill assigns a technical rating of 0 / 10 to GTBP.
Can you provide the trend direction for GT BIOPHARMA INC?
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 40.7906. This indicates that the stock is currently neutral.
What is the MACD signal for GTBP stock?
The MACD indicator for GT BIOPHARMA INC (GTBP) has a value of 0.00211412, indicating a bearish trend.
What is the short term momentum for GTBP stock?
The short term momentum for GT BIOPHARMA INC (GTBP) is negative.