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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.

NASDAQ_GLMD
Open High Low GLMD Price Change
0.590000 0.625049 0.570100 0.625049 +0.063049
Entry Signal

MarketClub’s Trade Triangles for GLMD

long term down The long-term trend has been DOWN since Apr 3rd, 2023 at 0.3700

intermediate term down The intermediate-term trend has been DOWN since Jul 13th, 2023 at 2.1800

short term up 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).

-75
Smart Scan Analysis for GLMD
Strong Downtrend Sideways 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 High27.06Year High Date2018-06-12
Year Low3.61Year Low Date2018-02-14
52wk High14.17552wk High Date2023-01-10
52wk Low0.537752wk Low Date2023-09-26
Average Volume40,932Shares Outstanding1,422
Market Cap104MAssets16,561,000M
Liabilities3,138,000MP/E Ratio-0.30810000
Volatility88.98
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