Stock Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
Galmed Pharmaceuticals Ltd (NASDAQ:GLMD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GLMD
The long term trend has been UP since Dec 2nd, 2019 at 5.4300
The intermediate term trend has been UP since Nov 1st, 2019 at 4.3700
The short term trend has been UP since Dec 2nd, 2019 at 4.6899
Smart Scan Analysis for GLMD
Based on a pre-defined weighted trend formula for chart analysis, GLMD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||27.06||Year High Date||2018-06-12|
|Year Low||3.61||Year Low Date||2018-02-14|
|52wk High||9.74||52wk High Date||2018-12-12|
|52wk Low||3.4179||52wk Low Date||2019-10-10|
|Average Volume||148,344||Shares Outstanding||21,019|