32 USD
+2.99 (+10.31%)
31.5 USD
-0.5 (-1.56%)
We assign a technical rating of 9 out of 10 to GLTO. Both in the recent history as in the last year, GLTO has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 and short term trends are both positive. This is looking good!
GLTO is part of the Biotechnology industry. There are 531 other stocks in this industry. GLTO outperforms 99% of them.
GLTO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GLTO is lagging the market slightly.
In the last month GLTO has a been trading in the 15.76 - 32.20 range, which is quite wide. It is currently trading near the high of this range.
GLTO has an average volume of 3293760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GLTO did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GLTO has an excellent technical rating, it 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
31.68
32.32
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 GLTO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLTO is up. |
| ChartMill Relative Strength | 99.82 | POSITIVE | GLTO has a high relative strength, it outperformed 99.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.42 | OVERBOUGHT | The high RSI value suggests GLTO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.83 | POSITIVE | The MACD value suggests GLTO has a positive trend. |
| Stochastics (14,3) | 96.12 | OVERBOUGHT | The high Stochastics value suggests GLTO may be overbought. |
| Average True Range in percent/ATR (20) | 9.75 | HIGH VOLATILITY | The high ATR as a percentage value for GLTO suggests high volalility. |
| Average Directional Index/ADX (14) | 44.13 | POSITIVE | The high ADX value value for GLTO suggests a strong trend. |
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)
32
+2.99 (+10.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg10.31%
1 Week16.53%
2 Weeks79.98%
1 Month14.94%
3 Month1014.98%
6 Month855.22%
12 Month529.92%
2 Year77.78%
3 Year11.3%
5 Year-89.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.95
ATR(20)%9.75%
ATR Inc61.03%
Range Today4.9
ADR(20)3.05
ADR(20)%9.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.82
3 months CRS99.96
6 months CRS99.86
Mansfield38.16
10 Day High32.2
10 Day Low16.7
20 Day High32.2
20 Day Low15.76
52 Week High33.6
52 Week Low2.01
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)3.32%
DER(5)2.39%
Volume105.10K
Volume Incr-94.94%
Vol(5)172.38K
Vol(50)3.29M
GALECTO INC / GLTO FAQ
What is the ChartMill technical rating of GALECTO INC (GLTO) stock?
ChartMill assigns a technical rating of 9 / 10 to GLTO.
What is the trend direction for GLTO stock?
The current trend direction for GALECTO INC (GLTO) is Bullish.
What is the RSI signal for GALECTO INC (GLTO) stock?
GALECTO INC (GLTO) has an RSI value of 74.4151. This indicates that the stock is currently overbought.
What is the buy/sell signal for GLTO stock?
The buy/sell signal for GALECTO INC (GLTO) is buy as both the short term and long term trends are positive.