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Stock Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
Galmed Pharmaceuticals Ltd. - Ordinary Shares (NASDAQ:GLMD)
Bear Market Rally (-75) - GLMD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GLMD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for GLMD
The long-term trend has been DOWN since Apr 3rd, 2023 at 0.3700
The intermediate-term trend has been DOWN since Jul 13th, 2023 at 2.1800
The short-term trend has been UP since Sep 29th, 2023 at 0.6071
Smart Scan Analysis for GLMD
Based on our trend formula, GLMD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.590000 | 0.625049 | 0.570100 | 0.625049 | +0.063049 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.562000 | 41770 | 2023-09-29 15:59:46 |
| Year High | 27.06 | Year High Date | 2018-06-12 |
| Year Low | 3.61 | Year Low Date | 2018-02-14 |
| 52wk High | 14.175 | 52wk High Date | 2023-01-10 |
| 52wk Low | 0.5377 | 52wk Low Date | 2023-09-26 |
| Average Volume | 40,932 | Shares Outstanding | 1,422 |
| Market Cap | 104M | Assets | 16,561,000M |
| Liabilities | 3,138,000M | P/E Ratio | -0.30810000 |
| Volatility | 88.98 |