Overall GLPG gets a technical rating of 6 out of 10. In the last year, GLPG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
GLPG has an average technical rating and it also does not offer a high 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
29.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.66 to 31.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.89 to 29.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.70 to 32.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for GLPG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLPG is neutral. |
| ChartMill Relative Strength | 70.85 | POSITIVE | GLPG has a high relative strength, it outperformed 70.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLPG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLPG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLPG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.37 | NEUTRAL | The RSI value for GLPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests GLPG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.39 | NEUTRAL | The Stochastics value for GLPG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for GLPG suggests low volalility. |
| Average Directional Index/ADX (14) | 12.7 | NEGATIVE | The low ADX value for GLPG suggests a weak or negative trend. |
31.69
-0.88 (-2.7%)
GALAPAGOS NV-SPON ADR / GLPG FAQ
What is the technical rating for GLPG stock?
ChartMill assigns a technical rating of 6 / 10 to GLPG.
What is the current trend direction of GALAPAGOS NV-SPON ADR (GLPG) stock?
The current trend direction for GALAPAGOS NV-SPON ADR (GLPG) is Bullish.
What is the RSI signal for GLPG stock?
GALAPAGOS NV-SPON ADR (GLPG) has an RSI value of 50.3707. This indicates that the stock is currently neutral.
What is the short term momentum for GALAPAGOS NV-SPON ADR (GLPG) stock?
The short term momentum for GALAPAGOS NV-SPON ADR (GLPG) is neutral.
What is the support and resistance level for GLPG stock?
GALAPAGOS NV-SPON ADR (GLPG) has a support level at 31.29 and a resistance level at 31.7. Check the full technical report for our detailed analysis of GLPG support and resistance levels.