GALECTIN THERAPEUTICS INC (GALT) Stock Technical Analysis
NASDAQ:GALT - Nasdaq - US3632252025 - Common Stock - Currency: USD
Overall GALT gets a technical rating of 2 out of 10. In the past year, GALT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
92% of all other stocks performed better in the past year than GALT.
GALT 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
GALT is part of the Biotechnology industry. There are 572 other stocks in this industry, GALT did better than 41% of them.
In the last month GALT has a been trading in the 1.19 - 1.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GALT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.29
2.90
When analyzing the support we notice one important area.
- A support zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.52 from a trend line in the weekly time frame.
- Resistance @2.87 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.29
Mansfield-4.23
10 Day High1.63
10 Day Low1.23
20 Day High1.63
20 Day Low1.19
52 Week High4.27
52 Week Low0.73
Performance
1 Week14.62%
2 Weeks12.88%
1 Month21.14%
3 Month-46.4%
6 Month-35.5%
12 Month-20.74%
2 Year-28.02%
3 Year-20.32%
5 Year-29.72%
10 Year-56.18%
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)0.04
RSI(14)60.84
LBB1.16
UBB1.56
1.49
+0.02 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.36%
1 Week14.62%
2 Weeks12.88%
1 Month21.14%
3 Month-46.4%
6 Month-35.5%
12 Month-20.74%
2 Year-28.02%
3 Year-20.32%
5 Year-29.72%
10 Year-56.18%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.67%
ATR Inc-10.99%
Range Today0.08
ADR(20)0.08
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.29
Mansfield-4.23
10 Day High1.63
10 Day Low1.23
20 Day High1.63
20 Day Low1.19
52 Week High4.27
52 Week Low0.73
CS1 End1.32
CR1 Start1.54
Volume & EV
DER(3)-3.39%
DER(5)-3.44%
Volume267.20K
Volume Incr56.04%
Vol(5)384.20K
Vol(50)841.94K