Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(GLMD) Galmed Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Galmed Pharmaceuticals | (GLMD) share price targets

Complete technical analysis of Galmed Pharmaceuticals (GLMD) by charts plus indicators, forecast predictions and share price targets for Galmed Pharmaceuticals (GLMD)

Galmed Pharmaceuticals trades in USA in Health Care sector.

Showing technical analysis as on 2024-06-27 View latest technical analysis

10 day averaged volume of Galmed Pharmaceuticals is 60440

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	0.27	0.31	0.33	0.26	3.135 times
26 Wed Jun 2024	0.31	0.32	0.32	0.30	0.372 times
25 Tue Jun 2024	0.31	0.31	0.32	0.30	0.481 times
24 Mon Jun 2024	0.31	0.32	0.33	0.31	0.778 times
21 Fri Jun 2024	0.31	0.31	0.35	0.31	0.574 times
20 Thu Jun 2024	0.32	0.34	0.35	0.31	0.683 times
18 Tue Jun 2024	0.34	0.32	0.34	0.31	2.148 times
18 Tue Jun 2024	0.34	0.32	0.34	0.31	2.148 times
17 Mon Jun 2024	0.32	0.33	0.35	0.32	0.786 times
14 Fri Jun 2024	0.33	0.36	0.38	0.33	1.769 times

Stock of Galmed Pharmaceuticals (GLMD) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.3, for a target of 0.3 or 0.34

Share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Target	0.26
Upside Target	0.30
Upside Target	0.31
Upside Target	0.32
Upside Target	0.33
Upside Target	0.34
Upside Target	0.35
Upside Target	0.38
Upside Target	0.40
Upside Target	0.43
Upside Target	0.44
Upside Target	0.47

Intraday share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Intraday Target	0.24
Downside Intraday Target	0.22
Upside Intraday Target	0.31
Upside Intraday Target	0.36
Upside Intraday Target	0.29

Weekly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	0.27	0.32	0.33	0.26	1.4 times
21 Fri Jun 2024	0.31	0.32	0.35	0.31	1.161 times
18 Tue Jun 2024	0.34	0.33	0.35	0.31	0.515 times
14 Fri Jun 2024	0.33	0.37	0.38	0.31	1.091 times
07 Fri Jun 2024	0.34	0.38	0.40	0.33	1.94 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	0.27	0.38	0.40	0.26	1.079 times
31 Fri May 2024	0.37	0.35	0.44	0.34	0.233 times
30 Tue Apr 2024	0.35	0.34	0.44	0.32	1.044 times
28 Thu Mar 2024	0.35	0.42	0.43	0.30	1.721 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Galmed Pharmaceuticals (GLMD)

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Galmed Pharmaceuticals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Galmed Pharmaceuticals in short term and the sell signal is strong.

Galmed Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Galmed Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Galmed Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.31 and Galmed Pharmaceuticals (GLMD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Galmed Pharmaceuticals (GLMD) stock. Volume based technical analysis of Galmed Pharmaceuticals (GLMD) stock is negative.

Galmed Pharmaceuticals Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.