Technical Analysis for GLTO - Galecto, Inc.

Grade Last Price % Change Price Change
F 0.47 -1.73% -0.01
GLTO closed down 1.73 percent on Monday, July 1, 2024, on 1.16 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.73%
Stochastic Reached Oversold Weakness -1.73%
Gapped Down Weakness -1.73%
Oversold Stochastic Weakness -1.73%
Outside Day Range Expansion -7.32%
New 52 Week Closing Low Bearish -4.88%
NR7 Range Contraction -4.88%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 8 hours ago
Rose Above 10 DMA about 8 hours ago
Up 5% about 8 hours ago
2x Volume Pace about 9 hours ago
1.5x Volume Pace about 9 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Galecto, Inc. Description

Galecto, Inc., a clinical-stage biotechnology company, develops molecules for the treatment of fibrosis, cancer, inflammation, and other related diseases. The company's lead product candidate is GB0139, an inhaled inhibitor of galectin-3 that is in Phase IIb clinical trial for the treatment of severe fibrotic lung diseases, such as idiopathic pulmonary fibrosis, a life-threatening progressive fibrotic disease of the lung. Its products also comprise GB2064, which is in Phase I/IIa for the treatment of myelofibrosis; and GB1211, a selective oral galectin-3 inhibitor that is in Phase I/IIa for the treatment of fibrosis related to non-alcoholic steatohepatitis, as well as development of other related indications, including cancer. Galecto, Inc. was founded in 2011 and is headquartered in Copenhagen, Denmark.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biotechnology Cancer Clinical Medicine Biology Alcohol Inflammation Steatohepatitis Non Alcoholic Fatty Liver Disease Breakthrough Therapy Idiopathic Pulmonary Fibrosis Pulmonary Fibrosis Progressive Fibrosis mTOR Fibrotic Disease Lectins Lung Diseases Treatment Of Fibrosis Copenhagen Galectin Myelofibrosis Galectin 3 Galecto Biotech

Is GLTO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.7
52 Week Low 0.4637
Average Volume 148,431
200-Day Moving Average 0.65
50-Day Moving Average 0.61
20-Day Moving Average 0.52
10-Day Moving Average 0.49
Average True Range 0.04
RSI (14) 32.43
ADX 39.1
+DI 10.80
-DI 20.44
Chandelier Exit (Long, 3 ATRs) 0.51
Chandelier Exit (Short, 3 ATRs) 0.58
Upper Bollinger Bands 0.59
Lower Bollinger Band 0.45
Percent B (%b) 0.11
BandWidth 25.73
MACD Line -0.04
MACD Signal Line -0.04
MACD Histogram 0.0003
Fundamentals Value
Market Cap 12.64 Million
Num Shares 27.1 Million
EPS -1.76
Price-to-Earnings (P/E) Ratio -0.26
Price-to-Sales 0.00
Price-to-Book 0.44
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.52
Resistance 3 (R3) 0.53 0.51 0.51
Resistance 2 (R2) 0.51 0.50 0.51 0.51
Resistance 1 (R1) 0.49 0.49 0.48 0.48 0.50
Pivot Point 0.48 0.48 0.47 0.47 0.48
Support 1 (S1) 0.45 0.46 0.45 0.45 0.43
Support 2 (S2) 0.44 0.45 0.44 0.42
Support 3 (S3) 0.42 0.44 0.42
Support 4 (S4) 0.41