GALECTIN THERAPEUTICS INC (GALT) Stock Technical Analysis
NASDAQ:GALT - Nasdaq - US3632252025 - Common Stock - Currency: USD
Overall GALT gets a technical rating of 1 out of 10. GALT'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GALT is a bad performer in the overall market: 78% of all stocks are doing better.
GALT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
GALT is part of the Biotechnology industry. There are 568 other stocks in this industry, GALT did better than 62% of them.
In the last month GALT has a been trading in the 1.12 - 1.72 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.
Although the technical rating is bad, GALT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.46. Right above this resistance zone may be a good entry point.
More info and screens
1.21
2.24
4 important support areas can be observed.
- Support @1.38 from a trend line in the weekly time frame.
- A support zone ranging from 1.32 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.26 from a trend line in the daily time frame.
- Support @1.22 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.60 from a trend line in the daily time frame.
- Resistance @2.22 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.38
Mansfield-3.2
10 Day High1.45
10 Day Low1.25
20 Day High1.72
20 Day Low1.12
52 Week High3.78
52 Week Low0.73
Performance
1 Week3.65%
2 Weeks4.41%
1 Month-13.41%
3 Month16.39%
6 Month-43.43%
12 Month-58.84%
2 Year-19.32%
3 Year-8.39%
5 Year-42.86%
10 Year-52.51%
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)0.01
RSI(14)51.58
LBB1.27
UBB1.41
NASDAQ:GALT (4/25/2025, 9:48:26 AM)
1.39
-0.03 (-2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.11%
1 Week3.65%
2 Weeks4.41%
1 Month-13.41%
3 Month16.39%
6 Month-43.43%
12 Month-58.84%
2 Year-19.32%
3 Year-8.39%
5 Year-42.86%
10 Year-52.51%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%9.76%
ATR Inc-42.32%
Range Today0.01
ADR(20)0.13
ADR(20)%9.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.38
Mansfield-3.2
10 Day High1.45
10 Day Low1.25
20 Day High1.72
20 Day Low1.12
52 Week High3.78
52 Week Low0.73
CS1 End1.38
CR1 Start1.46
Volume & EV
DER(3)-0.84%
DER(5)1.5%
Volume8.27K
Volume Incr-61.73%
Vol(5)113.60K
Vol(50)250.01K