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Stock Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

Galmed Pharmaceuticals Ltd. - Ordinary Shares (NASDAQ:GLMD)

Sidelines Mode (+55) - GLMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_GLMD
Open High Low GLMD Price Change
0.399900 0.405898 0.385600 0.405000 +0.006000
Entry Signal

MarketClub’s Trade Triangles for GLMD

long term down The long-term trend has been DOWN since Apr 3rd, 2023 at 0.37

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 0.35

short term down The short-term trend has been DOWN since May 14th, 2024 at 0.37

Smart Scan Analysis for GLMD

Based on our trend formula, GLMD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GLMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.399900 0.405898 0.385600 0.405000 +0.006000
Prev. Close Volume Bid Ask Time
0.399000 74835 2024-05-17 15:59:01
Year High27.06Year High Date2018-06-12
Year Low3.61Year Low Date2018-02-14
52wk High5.6352wk High Date2023-05-22
52wk Low0.2652wk Low Date2023-11-21
Average Volume55,657Shares Outstanding1,422
Market Cap104MAssets16,629,000M
Liabilities2,750,000MP/E Ratio-0.30810000
Volatility88.98
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