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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 2024-07-08 View latest technical analysis

10 day averaged volume of Galmed Pharmaceuticals is 60330

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	0.29	0.31	0.31	0.29	1.421 times
05 Fri Jul 2024	0.31	0.30	0.32	0.28	0.875 times
03 Wed Jul 2024	0.29	0.30	0.30	0.29	0.227 times
03 Wed Jul 2024	0.29	0.30	0.30	0.29	0.227 times
02 Tue Jul 2024	0.29	0.29	0.30	0.28	1.389 times
01 Mon Jul 2024	0.28	0.29	0.30	0.28	0.774 times
28 Fri Jun 2024	0.28	0.29	0.30	0.27	1.732 times
27 Thu Jun 2024	0.27	0.31	0.33	0.26	3.141 times
26 Wed Jun 2024	0.31	0.32	0.32	0.30	0.373 times
25 Tue Jun 2024	0.31	0.31	0.32	0.30	0.482 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 0.31 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	0.28
Downside Intraday Target	0.28
Upside Intraday Target	0.3
Upside Intraday Target	0.32
Upside Intraday Target	0.3

Weekly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	0.29	0.31	0.31	0.29	1.289 times
05 Fri Jul 2024	0.31	0.30	0.32	0.28	0.461 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

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
08 Mon Jul 2024	0.29	0.29	0.32	0.28	0.206 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 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.

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 but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 0.28 and Galmed Pharmaceuticals (GLMD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.