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GLPG Stock Galapagos (GLPG, $26.76) RSI Indicator left the oversold zone on June 07, 2024

A.I.dvisor
at Tickeron.com
06/08/24
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GLPG - Galapagos NV
RSI signal
Bullish Trend
Odds of UP Trend
Tickeron
RSI signal
Price: $26.76
Daily change: -$0.29 (-1.07%)
Daily volume: 85.7K
Capitalization: $1.8B
Industry: Biotechnology
This is a signal that GLPG's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 47 similar cases where GLPG's RSI Indicator left the oversold zone, and in of them led to a successful outcome. Odds of Success:

GLPG's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for GLPG turned positive on November 14, 2024. Looking at past instances where GLPG's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GLPG's RSI Oscillator exited the oversold zone, of 49 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where GLPG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 14, 2024. You may want to consider a long position or call options on GLPG as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GLPG advanced for three days, in of 262 cases, the price rose further within the following month. The odds of a continued upward trend are .

GLPG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

GLPG moved below its 50-day moving average on October 28, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for GLPG crossed bearishly below the 50-day moving average on November 01, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. GLPG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.608) is normal, around the industry mean (14.655). P/E Ratio (54.802) is within average values for comparable stocks, (96.848). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.824). GLPG has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.012). P/S Ratio (6.680) is also within normal values, averaging (218.428).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GLPG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock worse than average.

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GLPG
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General Information

a manufacturer of pharmaceutical products

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
Generaal De Wittelaan L11 A3
Phone
+32 15342900
Employees
1123
Web
https://www.glpg.com