GALECTIN THERAPEUTICS INC (GALT)

US3632252025 - Common Stock

3.23  +0.09 (+2.87%)

After market: 3.26 +0.03 (+0.93%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to GALT. In the last year, GALT was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GALT is part of the Biotechnology industry. There are 586 other stocks in this industry. GALT outperforms 93% of them.
Looking at the yearly performance, GALT did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
GALT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GALT is lagging the market.
In the last month GALT has a been trading in the 2.75 - 3.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GALT Weekly chart
GALT Daily chart
Setup Rating and Analysis

5

GALT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

1.62

3.65

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 3.00 to 3.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.90 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.83 from a horizontal line in the daily time frame.
  • Support @1.83 from a trend line in the weekly time frame.
  • Support @1.74 from a trend line in the weekly time frame.
  • Support @1.64 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @3.61 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.24
Mansfield4.25
10 Day High3.59
10 Day Low2.75
20 Day High3.78
20 Day Low2.75
52 Week High4.27
52 Week Low1.28
Performance
1 Week6.6%
2 Weeks-3.29%
1 Month-4.15%
3 Month85.63%
6 Month64.8%
12 Month84.57%
2 Year150.39%
3 Year-18.64%
5 Year-19.85%
10 Year-75.02%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)51.11
LBB2.86
UBB3.62
GALT Daily chart

GALECTIN THERAPEUTICS INC

NASDAQ:GALT (5/17/2024, 7:00:52 PM)

After market: 3.26 +0.03 (+0.93%)

3.23

+0.09 (+2.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.87%
1 Week6.6%
2 Weeks-3.29%
1 Month-4.15%
3 Month85.63%
6 Month64.8%
12 Month84.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%8.92%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.59
10 Day Low2.75
20 Day High3.78
20 Day Low2.75
52 Week High4.27
52 Week Low1.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume148.50K
Volume Incr-15.25%
Vol(5)162.66K
Vol(50)207.61K