Overall GEMP gets a technical rating of 0 out of 10. GEMP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GEMP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.31. Right above this resistance zone may be a good entry point.
More info and screens
0.30
3 important resistance areas can be observed.
- A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.32 from a horizontal line in the daily time frame.
- Resistance @0.33 from a trend line in the daily time frame.
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 GEMP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GEMP is neutral. |
| ChartMill Relative Strength | 3.88 | NEGATIVE | GEMP has a low relative strength, it was outperformed by 96.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEMP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEMP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GEMP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.26 | NEUTRAL | The RSI value for GEMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GEMP has a positive trend. |
| Stochastics (14,3) | 54.09 | NEUTRAL | The Stochastics value for GEMP is a neutral value. |
| Average True Range in percent/ATR (20) | 14.41 | HIGH VOLATILITY | The high ATR as a percentage value for GEMP suggests high volalility. |
0.3
0 (-0.37%)
Gemphire Therapeutics Inc / GEMP FAQ
What is the technical rating for GEMP stock?
ChartMill assigns a technical rating of 0 / 10 to GEMP.
Can you provide the trend direction for Gemphire Therapeutics Inc?
The current trend direction for Gemphire Therapeutics Inc (GEMP) is Bearish.
What is the RSI signal for Gemphire Therapeutics Inc (GEMP) stock?
Gemphire Therapeutics Inc (GEMP) has an RSI value of 44.2622. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Gemphire Therapeutics Inc?
The short term momentum for Gemphire Therapeutics Inc (GEMP) is neutral.
What are the support and resistance levels for Gemphire Therapeutics Inc (GEMP) stock?
Gemphire Therapeutics Inc (GEMP) has a resistance level at 0.31. Check the full technical report for our detailed analysis of GEMP support and resistance levels.