GT BIOPHARMA INC (GTBP) Technical Analysis
NASDAQ:GTBP • US36254L3087
Current stock price
GTBP Technical Rating and Analysis
Overall GTBP gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, GTBP is a bad performer in the overall market: 98% of all stocks are doing better.
- GTBP is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 85% 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 in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GTBP Weekly and Daily overview Charts
GTBP Setup Rating and Analysis
GTBP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.48. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GTBP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GTBP Support and Resistance Analysis
0.45
2 important resistance areas can be observed.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.73 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 | 2.77 | NEGATIVE | GTBP has a low relative strength, it was outperformed by 97.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GTBP is above 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) | 49.17 | 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. |
| Stochastics (14,3) | 23.53 | NEUTRAL | The Stochastics value for GTBP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for GTBP suggests high volalility. |
| Average Directional Index/ADX (14) | 19.29 | NEGATIVE | The low ADX value for GTBP suggests a weak or negative trend. |
GTBP Chart- and CandleStick Pattern Analysis
GTBP Technicals: Chart, Performance Metrics, Trend & Indicators
0.4495
+0.04 (+9.79%)
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 trend direction for GTBP stock?
The current trend direction for GT BIOPHARMA INC (GTBP) is Bearish.
Can you provide the RSI signal for GT BIOPHARMA INC?
GT BIOPHARMA INC (GTBP) has an RSI value of 49.1675. This indicates that the stock is currently neutral.
What is the short term momentum for GTBP stock?
The short term momentum for GT BIOPHARMA INC (GTBP) is negative.
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.