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(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 2024-07-03 View latest technical analysis

10 day averaged volume of Galmed Pharmaceuticals is 61280

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	0.29	0.30	0.30	0.29	0.224 times
03 Wed Jul 2024	0.29	0.30	0.30	0.29	0.224 times
02 Tue Jul 2024	0.29	0.29	0.30	0.28	1.367 times
01 Mon Jul 2024	0.28	0.29	0.30	0.28	0.762 times
28 Fri Jun 2024	0.28	0.29	0.30	0.27	1.705 times
27 Thu Jun 2024	0.27	0.31	0.33	0.26	3.092 times
26 Wed Jun 2024	0.31	0.32	0.32	0.30	0.367 times
25 Tue Jun 2024	0.31	0.31	0.32	0.30	0.475 times
24 Mon Jun 2024	0.31	0.32	0.33	0.31	0.767 times
21 Fri Jun 2024	0.31	0.31	0.35	0.31	0.566 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.3, but if it comes above 0.3, then a intra day buy could be more profitable.
If you take a sell trade below 0.3, then use 0.3 as stoploss and 0.3 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.32 as target.

Share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Target	0.26
Downside Target	0.28
Downside Target	0.29
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	0.40
Upside Target	0.43
Upside Target	0.44

Intraday share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Intraday Target	0.29
Downside Intraday Target	0.28
Upside Intraday Target	0.3
Upside Intraday Target	0.3
Upside Intraday Target	0.29

Weekly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	0.29	0.30	0.30	0.29	0.095 times
03 Wed Jul 2024	0.29	0.29	0.30	0.28	0.367 times
28 Fri Jun 2024	0.28	0.32	0.33	0.26	1.908 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

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
03 Wed Jul 2024	0.29	0.29	0.30	0.28	0.11 times
28 Fri Jun 2024	0.28	0.38	0.40	0.26	1.164 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

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.29 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.