GYRE THERAPEUTICS INC (GYRE) Stock Technical Analysis
NASDAQ:GYRE - Nasdaq - US4037831033 - Common Stock - Currency: USD
Taking everything into account, GYRE scores 0 out of 10 in our technical rating. GYRE'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GYRE is a bad performer in the overall market: 92% of all stocks are doing better.
GYRE is part of the Biotechnology industry. There are 557 other stocks in this industry, of which 63% are performing better than GYRE.
GYRE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GYRE has a been trading in the 6.98 - 8.56 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.
GYRE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for GYRE 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
6.84
10.62
2 important support areas can be observed.
- Support @7.47 from a trend line in the daily time frame.
- Support @6.91 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 8.14 to 8.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.34 from a trend line in the weekly time frame.
- Resistance @9.79 from a trend line in the daily time frame.
- Resistance @10.02 from a trend line in the weekly time frame.
- Resistance @10.51 from a trend line 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 GYRE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GYRE is down. |
| ChartMill Relative Strength | 8.37 | NEGATIVE | GYRE has a low relative strength, it was outperformed by 91.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GYRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GYRE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GYRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.8 | NEUTRAL | The RSI value for GYRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GYRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.57 | NEUTRAL | The Stochastics value for GYRE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for GYRE suggests high volalility. |
| Average Directional Index/ADX (14) | 24.78 | NEUTRAL | The ADX value for GYRE suggests a possible start of a new 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)
7.49
-0.32 (-4.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.1%
1 Week-7.87%
2 Weeks1.49%
1 Month-11.26%
3 Month-0.4%
6 Month-25.02%
12 Month-44.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%6.5%
ATR Inc-38.49%
Range Today0.34
ADR(20)0.48
ADR(20)%6.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.37
Mansfield-3.78
10 Day High8.24
10 Day Low6.98
20 Day High8.56
20 Day Low6.98
52 Week High19
52 Week Low6.11
CS1 End7.47
CR1 Start8.14
Volume & EV
DER(3)-1.29%
DER(5)6.48%
Volume65.80K
Volume Incr-55.65%
Vol(5)97.22K
Vol(50)259.74K