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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 2024-04-05 View latest technical analysis

10 day averaged volume of Galmed Pharmaceuticals is 59320

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	0.34	0.32	0.34	0.32	27.937 times
04 Thu Apr 2024	0.33	0.33	0.35	0.32	0.573 times
03 Wed Apr 2024	0.33	0.33	0.34	0.32	0.735 times
02 Tue Apr 2024	0.32	0.33	0.34	0.32	0.863 times
01 Mon Apr 2024	0.32	0.34	0.35	0.32	1.585 times
28 Thu Mar 2024	0.35	0.35	0.35	0.32	0.706 times
27 Wed Mar 2024	0.33	0.32	0.34	0.32	0.273 times
26 Tue Mar 2024	0.32	0.32	0.33	0.32	0.959 times
25 Mon Mar 2024	0.32	0.32	0.33	0.30	2.299 times
22 Fri Mar 2024	0.31	0.32	0.33	0.31	1.067 times

Stock of Galmed Pharmaceuticals (GLMD) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 0.4 or till 0.4. Use a stoploss of 0.33 and if this stock hits its stoploss, then it can fall down till 0.31

Share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Target	0.30
Downside Target	0.31
Downside Target	0.32
Downside Target	0.34
Upside Target	0.35
Upside Target	0.41
Upside Target	0.43
Upside Target	0.46
Upside Target	0.47

Intraday share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Intraday Target	0.32
Downside Intraday Target	0.31
Upside Intraday Target	0.35
Upside Intraday Target	0.37
Downside Intraday Target	0.34

Weekly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	0.34	0.34	0.35	0.32	7.478 times
28 Thu Mar 2024	0.35	0.32	0.35	0.30	0.429 times
22 Fri Mar 2024	0.31	0.30	0.35	0.30	0.16 times
15 Fri Mar 2024	0.31	0.38	0.41	0.30	9.872 times
08 Fri Mar 2024	0.38	0.41	0.43	0.35	0.54 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	0.34	0.34	0.35	0.32	0.37 times
28 Thu Mar 2024	0.35	0.42	0.43	0.30	1.721 times
29 Thu Feb 2024	0.40	0.36	0.47	0.34	2.193 times
31 Wed Jan 2024	0.37	0.45	0.46	0.32	0.504 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 neutral. A longer time frame might give a better analysis.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Galmed Pharmaceuticals in short term

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 0.34 and Galmed Pharmaceuticals (GLMD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.