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Crossed Above 20 Day Moving Average appears for GLMD after 16.45% move

Galmed Pharmaceuticals Ltd. (GLMD) — Nightly Technical Analysis · Jul 1, 2026, 17:39 ET
GLMD closed up 16.45% on Wednesday, July 1st, with volume running 0.7× below average. Multiple bullish signals emerged — Crossed Above 20 DMA, Crossed Above 50 DMA, Wide Range Bar, MACD Bullish Signal Line Cross, Directional Movement Crossover Bullish & Expansion Pivot Buy Setup — suggesting potential strength ahead. Key support levels exist at 0.56, 0.47 & 0.39, with resistance at 0.73, 0.81 & 0.9.

Current SwingTradeBot Technical Rating of GLMD: F

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Galmed Pharmaceuticals Ltd. (GLMD)