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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 2024-08-28 View latest technical analysis

10 day averaged volume of Galmed Pharmaceuticals is 2030879

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	0.27	0.29	0.31	0.26	0.591 times
27 Tue Aug 2024	0.30	0.29	0.30	0.28	0.073 times
26 Mon Aug 2024	0.30	0.30	0.31	0.28	0.204 times
23 Fri Aug 2024	0.30	0.33	0.33	0.30	0.399 times
22 Thu Aug 2024	0.34	0.38	0.41	0.33	0.643 times
21 Wed Aug 2024	0.43	0.36	0.44	0.30	8.632 times
20 Tue Aug 2024	0.30	0.30	0.31	0.29	0.014 times
19 Mon Aug 2024	0.30	0.31	0.31	0.28	0.02 times
16 Fri Aug 2024	0.28	0.28	0.29	0.27	0.006 times
15 Thu Aug 2024	0.29	0.30	0.30	0.28	0.006 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 0.2 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.3 as target.

Share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Target	0.26
Downside Target	0.27
Upside Target	0.28
Upside Target	0.29
Upside Target	0.30
Upside Target	0.31
Upside Target	0.32
Upside Target	0.34
Upside Target	0.40
Upside Target	0.44

Intraday share price targets for Galmed Pharmaceuticals (GLMD)

Target Type	Value
Downside Intraday Target	0.25
Downside Intraday Target	0.23
Upside Intraday Target	0.3
Upside Intraday Target	0.33
Upside Intraday Target	0.28

Weekly technical analysis of Galmed Pharmaceuticals (GLMD)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	0.27	0.30	0.31	0.26	0.09 times
23 Fri Aug 2024	0.30	0.31	0.44	0.28	267.807 times
16 Fri Aug 2024	0.28	0.30	0.30	0.27	0.678 times
09 Fri Aug 2024	0.29	0.31	0.32	0.28	0.779 times
02 Fri Aug 2024	0.30	0.31	0.32	0.29	0.552 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
28 Wed Aug 2024	0.27	0.31	0.44	0.26	20.941 times
31 Wed Jul 2024	0.31	0.29	0.34	0.27	0.722 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 neutral. A longer time frame might give a better analysis.

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 BUY signal for Galmed Pharmaceuticals in short term but the buy signal is initial and weak.

Galmed Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 0.41 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.