We assign a technical rating of 0 out of 10 to GRTX. GRTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, GRTX is a bad performer in the overall market: 99% of all stocks are doing better.
GRTX is one of the lesser performing stocks in the Biotechnology industry. 87% of 566 stocks in the same industry do better.
GRTX is currently trading near the lower end of its 52 week range, which is not a good sign. GRTX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month GRTX has a been trading in the 0.14 - 0.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
GRTX has an average volume of 2028660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.