GMAB technical analysis

GMAB Technical Analysis

Analysis date

August 6, 2026

Market

NasdaqGS (USD)

Daily cutoff

August 6, 2026

Reliability

Degraded

Informational use only. This page is not investment advice.

Data verification

GMAB Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
GMAB
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. The latest completed daily bar has a documented data-quality limitation, so interpret the indicators with additional caution.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series29.26August 5, 2026-Verified
Verification series29.26August 5, 20260.00%Verified

Bottom line

GMAB Technical Analysis Summary

GMAB technical analysis shows Genmab A/S at 29.83 after a 1.95% gain on the latest completed daily bar, pressing against resistance near 29.86. Price sits above the daily SMA20 (28.85), SMA50 (27.22), and SMA200 (28.98), and is at the 61.21% position of its 52-week range (21.00 to 35.43). Daily RSI14 at 64.67 is elevated but below overbought, while the daily MACD histogram has flattened to -0.02 after a strong run, signaling a pause in momentum near the recent high. Volume on the latest bar was about 2.45 times the 20-day average. The weekly chart is improving: price at 28.87 is back above the weekly SMA20 (27.02) with the MACD histogram turning positive (+0.38), though it remains below the weekly SMA50 (28.96) and SMA200 (29.95). Resistance is at 29.86 (20-day and 60-day high) and then the 52-week high at 35.43. Support is at the daily SMA20 near 28.85, the 20-day low at 27.87, and the 60-day low at 23.62. The technical picture is constructive but momentum is consolidating near resistance.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 6, 2026)

Trend
Mixed. Price at 29.83 is above SMA20 (28.85), SMA50 (27.22), and SMA200 (28.98), but the averages are not in a clean bullish stack because SMA20 and SMA50 still trail the SMA200. The short-term averages are rising with the recent advance, while the 200-day average remains the higher reference that has not been overtaken by the 20-day average.
Momentum
Cooling. RSI14 at 64.67 is elevated but below the 70 overbought threshold. The MACD line (0.48) has slipped below the signal line (0.50) with a histogram of -0.02, showing a flattening of the momentum that carried price into the 29.86 high. Momentum is consolidating rather than rolling over.
Volatility
Moderate. ATR14 at 0.79, or 2.66% of price, reflects normal daily swings. Bollinger Bands span 28.12 to 29.59, and price closed just above the upper band after the latest advance, which often precedes a short-term pause or mean-reversion pullback.
Volume
Elevated. Latest volume of 5,177,510 is about 2.45 times the 20-day average of 2,109,141, confirming strong participation behind the move toward the 29.86 high.

Assessment

The daily chart shows price testing resistance at the 20-day and 60-day high near 29.86 after an extended advance. Price is above all three major averages, but the moving average stack is not fully bullish (SMA20 and SMA50 remain below SMA200), and the MACD histogram has turned slightly negative, indicating momentum is cooling near resistance. A daily close above 29.86 on continued volume would open the way toward the 52-week high at 35.43. A move back below the SMA20 near 28.85, followed by the 20-day low at 27.87, would suggest a deeper pullback toward the 60-day low at 23.62.

Weekly (July 27, 2026 week)

Trend
Improving but mixed. Price at 28.87 is above SMA20 (27.02) but below SMA50 (28.96) and SMA200 (29.95). The recovery has lifted price back over the 20-week average, while the 50- and 200-week averages still cap the advance from above.
Momentum
Improving. RSI14 at 55.65 is back above the 50 midline. The MACD line (-0.01) is above the signal line (-0.39) with a positive histogram (+0.38), marking a bullish crossover after earlier weakness and an early shift in weekly momentum.
Volatility
Moderate. Weekly ATR14 at 1.82, or 6.32% of price, reflects normal weekly ranges for a mid-cap biotech. Bollinger Bands span 24.27 to 29.76, with price in the upper half of the band.
Volume
Near average. Latest weekly volume of 8,701,600 is about 98% of the 20-week average of 8,862,120, showing the recovery has not yet drawn outsized participation.

Assessment

The weekly chart is transitioning from a corrective phase into a recovery. Price has reclaimed the 20-week average and the MACD has printed a bullish crossover with a positive histogram, while the 50-week average near 28.96 and the 200-week average near 29.95 remain the next hurdles. A weekly close above those averages would confirm a broader trend shift; a failure near them would keep the weekly structure range-bound. Support is at the 20-week low near 23.62 and then the 60-week low near 20.23.

Key indicators

GMAB Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)64.6755.65
MACD (12, 26, 9)0.48 / 0.50 / -0.02-0.01 / -0.39 / +0.38
ATR (14)0.79 (2.66%)1.82 (6.32%)
Bollinger Bands (20, 2)28.12 - 29.5924.27 - 29.76
SMA (20)28.8527.02
SMA (50)27.2228.96
SMA (200)28.9829.95

Price structure

GMAB Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price29.8328.87
1-Period Return+1.95%0.00%
5-Period Return+4.16%+10.53%
20-Period Return+0.17%+10.44%
60-Period Return+13.94%+30.05%
252-Period Return+34.98%-33.11%
52-Week Low21.0021.00
52-Week High35.4335.43
52-Week Position61.21%54.55%

Key levels

GMAB Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High29.8629.80
20-Period Low27.8723.62
60-Period High29.8635.43
60-Period Low23.6220.23

Scenarios

GMAB Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price closes above the 20-day high at 29.86 on volume above the 20-day average, extending the advance toward the 52-week high at 35.43.

Invalidation

A daily close back below the SMA20 near 28.85, followed by a break under the 20-day low at 27.87.

What to watch

Daily RSI holding above 60; the MACD histogram turning positive again; weekly price closing above the SMA50 near 28.96 and the SMA200 near 29.95.

Range-Bound

Trigger

Price consolidates between support near 27.87 (20-day low) and resistance near 29.86 (20-day and 60-day high), working off the recent advance.

Invalidation

A decisive break above 29.86 or below 27.87 on above-average volume.

What to watch

Daily RSI staying between 55 and 70; the MACD histogram flattening near zero; volume easing back toward the 20-day average.

Bearish

Trigger

Price fails at the 29.86 area, loses the SMA20 near 28.85, and breaks below the 20-day low at 27.87, opening a pullback toward the 60-day low at 23.62.

Invalidation

Price reclaims the SMA20 near 28.85 and makes a higher high above 29.86.

What to watch

Daily RSI falling below 55; the MACD histogram turning more negative; rising volume on down days; weekly RSI dropping back below 50.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 6, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar has a documented data-quality limitation. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 6, 2026, weekly July 27, 2026 week. Generated August 6, 2026.