GALMED PHARMACEUTICALS LTD (GLMD) Stock Technical Analysis
NASDAQ:GLMD - Nasdaq - IL0011313900 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GLMD. GLMD'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.
86% of all other stocks performed better in the past year than GLMD.
GLMD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
GLMD is part of the Biotechnology industry. There are 571 other stocks in this industry, GLMD did better than 53% of them.
In the last month GLMD has a been trading in the 2.23 - 3.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GLMD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.71. Right above this resistance zone may be a good entry point.
More info and screens
2.51
2.74
We found 1 important support area.
- A support zone ranging from 2.54 to 2.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.71 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.89
Mansfield-3.5
10 Day High2.89
10 Day Low2.24
20 Day High3.45
20 Day Low2.24
52 Week High23.8
52 Week Low2.24
Performance
1 Week7.27%
2 Weeks0.86%
1 Month-8.06%
3 Month-1.71%
6 Month-24.99%
12 Month-37.88%
2 Year-96.87%
3 Year-98.96%
5 Year-99.69%
10 Year-99.84%
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)0.02
RSI(14)49.42
LBB2.38
UBB2.83
NASDAQ:GLMD (2/21/2025, 8:23:54 PM)
2.7031
+0.15 (+6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg6%
1 Week7.27%
2 Weeks0.86%
1 Month-8.06%
3 Month-1.71%
6 Month-24.99%
12 Month-37.88%
2 Year-96.87%
3 Year-98.96%
5 Year-99.69%
10 Year-99.84%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%8.21%
ATR Inc24.03%
Range Today0.3
ADR(20)0.21
ADR(20)%7.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.89
Mansfield-3.5
10 Day High2.89
10 Day Low2.24
20 Day High3.45
20 Day Low2.24
52 Week High23.8
52 Week Low2.24
CS1 End2.61
CR1 Start2.71
Volume & EV
DER(3)-3.39%
DER(5)0.17%
Volume28.40K
Volume Incr-35.51%
Vol(5)14.00K
Vol(50)31.10K