GYRE THERAPEUTICS INC (GYRE) Technical Analysis
NASDAQ:GYRE • US4037831033
Current stock price
GYRE Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to GYRE. GYRE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- GYRE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GYRE is lagging the market.
- In the last month GYRE has a been trading in the 6.58 - 8.51 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, GYRE turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- GYRE is an average performer in the Biotechnology industry, it outperforms 45% of 517 stocks in the same industry.
GYRE Weekly and Daily overview Charts
GYRE Setup Rating and Analysis
Although the technical rating is bad, GYRE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.13. Right above this resistance zone may be a good entry point.
More info and screens
GYRE Support and Resistance Analysis
6.57
We found 2 important support areas.
- 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 4 important areas.
- A resistance zone ranging from 7.13 to 7.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.47 to 7.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.18 from a horizontal line in the weekly time frame.
- 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 | 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 | 46.53 | NEUTRAL | GYRE is not amongst the best or worst performers 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) | 45.13 | NEUTRAL | The RSI value for GYRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GYRE has a positive trend. |
| Stochastics (14,3) | 35.66 | NEUTRAL | The Stochastics value for GYRE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for GYRE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.86 | 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
7.12
-0.11 (-1.52%)
GYRE THERAPEUTICS INC / GYRE TA FAQ
What is the technical rating for GYRE stock?
ChartMill assigns a technical rating of 1 / 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 45.1265. This indicates that the stock is currently neutral.
What is the buy/sell signal for GYRE THERAPEUTICS INC (GYRE) stock?
The buy/sell signal for GYRE THERAPEUTICS INC (GYRE) is sell as both the short term and long term trends are negative.
What is the support and resistance level for GYRE stock?
GYRE THERAPEUTICS INC (GYRE) has a support level at 6.81 and a resistance level at 7.13. Check the full technical report for our detailed analysis of GYRE support and resistance levels.