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RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GLPG
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Galapagos NV stock price down 0.81% on Thursday
(Updated on Jun 20, 2024)

Sell candidate since Jun 05, 2024 Loss -5.63% PDF

The Galapagos NV stock price fell by -0.81% on the last day (Thursday, 20th Jun 2024) from $25.84 to $25.63. During the last trading day the stock fluctuated 0.635% from a day low at $25.61 to a day high of $25.77. The price has fallen in 8 of the last 10 days and is down by -5.63% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -43 thousand shares and in total, 64 thousand shares were bought and sold for approximately $1.65 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -19.67% during the next 3 months and, with a 90% probability hold a price between $20.18 and $21.90 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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GLPG Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.747%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Galapagos NV stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $25.80 and $27.76. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Galapagos NV stock

Galapagos NV finds support from accumulated volume at $25.44 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.163 between high and low, or 0.635%. For the last week, the stock has had daily average volatility of 1.31%.

Galapagos NV is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GLPG) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Galapagos NV to open at $25.67, and during the day (based on 14 day Average True Range), to move between $25.19 and $26.07, which gives a possible trading interval of +/-$0.442 (+/-1.72%) up or down from last closing price. If Galapagos NV takes out the full calculated possible swing range there will be an estimated 3.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $25.44 (0.74%) than the resistance at $27.46 (7.14%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Galapagos NV stock A Buy?

Galapagos NV holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.107 Sell Candidate Unchanged

Predicted Opening Price for Galapagos NV of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$25.67 ( 0.159%) $25.63

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GLPG

Fibonacci Support & Resistance Levels

Level Price
R3 25.83 0.794%
R2 25.77 0.552%
R1 25.73 0.402%
Price 25.63
S1 25.61 -0.0829%
S2 25.57 -0.233%
S3 25.51 -0.475%

Accumulated Volume Support & Resistance Levels

Level Price
R3 30.85 20.37%
R2 29.49 15.06%
R1 27.46 7.14%
Price 25.63
S1 25.44 -0.741%
S2 0 -
S3 0 -

FAQ

What is the symbol for Galapagos NV Stock and on which exchange is it traded?
The symbol for Galapagos NV is GLPG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Galapagos NV Stock?
Galapagos NV holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Galapagos NV Stock?
Galapagos NV Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Galapagos NV Stock.

What's the current price of Galapagos NV Stock?
As of the end of day on the Jun 20, 2024, the price of an Galapagos NV (GLPG) share was $25.63.

What is the 52-week high and low for Galapagos NV Stock?
The 52-week high for Galapagos NV Stock is $44.25 and the 52-week low is $25.32.

What is the market capitalization of Galapagos NV Stock?
As of the Jun 20, 2024, the market capitalization of Galapagos NV is 1.703B.

When is the next earnings date for Galapagos NV?
The upcoming earnings date for Galapagos NV is Aug 01, 2024.
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About Galapagos NV

Galapagos NV Galapagos NV, an integrated biopharmaceutical company, engages in the discovery, development, and commercialization of various medicines for high unmet medical need. Its pipeline products include filgotinib, a JAK1 inhibitor that is in various phases of clinical trials for the treatment of rheumatoid arthritis, Crohn's disease, ulcerative colitis, small bowel CD, fistulizing CD, ankylosing spondylitis, psoriatic arthritis, and uveitis. The compan... GLPG Profile

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