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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 2024-01-16 View latest technical analysis

10 day averaged volume of Galmed Pharmaceuticals is 60230

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	0.41	0.45	0.46	0.40	1.499 times
12 Fri Jan 2024	0.45	0.44	0.46	0.43	1.071 times
12 Fri Jan 2024	0.45	0.44	0.46	0.43	1.071 times
11 Thu Jan 2024	0.45	0.44	0.46	0.42	1.167 times
10 Wed Jan 2024	0.46	0.45	0.46	0.44	0.623 times
09 Tue Jan 2024	0.45	0.43	0.45	0.42	0.433 times
08 Mon Jan 2024	0.43	0.44	0.44	0.42	0.915 times
05 Fri Jan 2024	0.45	0.45	0.45	0.43	0.584 times
04 Thu Jan 2024	0.43	0.43	0.45	0.42	0.257 times
03 Wed Jan 2024	0.45	0.44	0.46	0.43	2.861 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.4 as stoploss in an intra day buy trade for a target of 0.43. However, stock will show a bearish move below 0.4.

Share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Target	0.26
Downside Target	0.31
Downside Target	0.36
Downside Target	0.40
Upside Target	0.42
Upside Target	0.43
Upside Target	0.46
Upside Target	0.47
Upside Target	0.54
Upside Target	0.87
Upside Target	0.90

Intraday share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Intraday Target	0.39
Downside Intraday Target	0.36
Upside Intraday Target	0.45
Upside Intraday Target	0.48
Upside Intraday Target	0.42

Weekly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	0.41	0.45	0.46	0.40	1.4 times
12 Fri Jan 2024	0.45	0.44	0.46	0.43	0.254 times
12 Fri Jan 2024	0.45	0.44	0.46	0.42	0.892 times
05 Fri Jan 2024	0.45	0.45	0.46	0.42	3.54 times
29 Fri Dec 2023	0.46	0.45	0.46	0.42	0.244 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
16 Tue Jan 2024	0.41	0.45	0.46	0.40	0.259 times
29 Fri Dec 2023	0.46	0.38	0.47	0.31	0.353 times
30 Thu Nov 2023	0.36	0.39	0.47	0.26	2.655 times
31 Tue Oct 2023	0.38	0.60	0.87	0.36	3.025 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Galmed Pharmaceuticals ( (GLMD) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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

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 0.44 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 positive

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