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Genmab A (GMAB): Price Up $0.95 (2.96)% Over Past Day, Down $-0.23 (-0.69)% Over Past Hour
Get Ratings)’s price is down $-0.23 (-0.69%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment meaning the trend across timeframes is inconsistent, indicating a potential
opportunity for rangebound traders.
GMAB’s Technical Outlook on the Daily Chart