Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
Galmed Pharmaceuticals Ltd. - Ordinary Shares (NASDAQ:GLMD)
Bull Market Weakness (+75) - GLMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GLMD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GLMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GLMD
The long-term trend has been DOWN since Apr 3rd, 2023 at 0.370000
The intermediate-term trend has been UP since Apr 8th, 2024 at 0.350000
The short-term trend has been UP since May 6th, 2024 at 0.398999
Smart Scan Analysis for GLMD
Based on our trend formula, GLMD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.390000 | 0.430100 | 0.361501 | 0.419999 | +0.032599 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.387400 | 147465 | 2024-05-06 15:44:39 |
| Year High | 27.06 | Year High Date | 2018-06-12 |
| Year Low | 3.61 | Year Low Date | 2018-02-14 |
| 52wk High | 7.8 | 52wk High Date | 2023-05-05 |
| 52wk Low | 0.26 | 52wk Low Date | 2023-11-21 |
| Average Volume | 186,724 | Shares Outstanding | 1,422 |
| Market Cap | 104M | Assets | 16,629,000M |
| Liabilities | 2,750,000M | P/E Ratio | -0.30810000 |
| Volatility | 88.98 |