GYRE THERAPEUTICS INC (GYRE) Technical Analysis
NASDAQ:GYRE • US4037831033
Current stock price
GYRE Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to GYRE. 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.
- 81% of all other stocks performed better in the past year than GYRE.
- GYRE is one of the lesser performing stocks in the Biotechnology industry. 63% of 516 stocks in the same industry do better.
- 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month GYRE has a been trading in the 6.77 - 8.20 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 Weekly and Daily overview Charts
GYRE Setup Rating and Analysis
The technical rating of GYRE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GYRE Support and Resistance Analysis
6.57
2 important support areas can be observed.
- Support @6.81 from a horizontal line in the daily time frame.
- A support zone ranging from 6.64 to 6.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.53 to 7.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.02 to 8.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.87 from a horizontal line in the daily time frame.
GYRE 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 | NEUTRAL | NEUTRAL | The long term trend for GYRE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GYRE is neutral. |
| ChartMill Relative Strength | 19.24 | NEGATIVE | GYRE has a low relative strength, it was outperformed by 80.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GYRE is above the rising 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) | 47.1 | NEUTRAL | The RSI value for GYRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GYRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.06 | NEUTRAL | The Stochastics value for GYRE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GYRE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for GYRE suggests a weak or negative trend. |
GYRE Chart- and CandleStick Pattern Analysis
GYRE Technicals: Chart, Performance Metrics, Trend & Indicators
7.44
-0.29 (-3.75%)
GYRE THERAPEUTICS INC / GYRE TA FAQ
What is the technical rating for GYRE stock?
ChartMill assigns a technical rating of 2 / 10 to GYRE.
Can you provide the trend direction for GYRE THERAPEUTICS INC?
The current trend direction for GYRE THERAPEUTICS INC (GYRE) is Bearish.
What is the RSI signal for GYRE stock?
GYRE THERAPEUTICS INC (GYRE) has an RSI value of 47.0983. This indicates that the stock is currently neutral.
What are the support and resistance levels for GYRE THERAPEUTICS INC (GYRE) stock?
GYRE THERAPEUTICS INC (GYRE) has a support level at 6.81 and a resistance level at 7.53. Check the full technical report for our detailed analysis of GYRE support and resistance levels.