GLOBALFOUNDRIES INC. ORD. - 1H - Technical analysis published on 12/14/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 62.46 USD
My targets
56.88 USD (-4.56%)
53.25 USD (-10.65%)
My analysis
The bearish trend is currently very strong for GLOBALFOUNDRIES INC. ORD.. As long as the price remains below the resistance at 62.46 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 56.88 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 53.25 USD as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7
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Additional analysis
Quotes
The GLOBALFOUNDRIES INC. ORD. price is 59.60 USD. The price registered a decrease of -2.63% on the session and was between 59.56 USD and 61.37 USD. This implies that the price is at +0.07% from its lowest and at -2.88% from its highest.59.56
61.37
59.60
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GLOBALFOUNDRIES INC. ORD.:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GLOBALFOUNDRIES INC. ORD. in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 53.25 | 56.88 | 59.60 | 59.66 | 62.46 | 65.84 |
| Change (%) | -10.65% | -4.56% | - | +0.10% | +4.80% | +10.47% |
| Change | -6.35 | -2.72 | - | +0.06 | +2.86 | +6.24 |
| Level | Major | Intermediate | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.17 | 58.00 | 59.61 | 62.44 | 64.05 | 66.88 | 68.49 |
| Camarilla | 59.99 | 60.40 | 60.80 | 61.21 | 61.62 | 62.02 | 62.43 |
| Woodie | 54.55 | 57.70 | 58.99 | 62.14 | 63.43 | 66.58 | 67.87 |
| Fibonacci | 58.00 | 59.70 | 60.75 | 62.44 | 64.14 | 65.19 | 66.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.35 | 55.77 | 59.80 | 65.22 | 69.25 | 74.67 | 78.70 |
| Camarilla | 61.23 | 62.10 | 62.96 | 63.83 | 64.70 | 65.56 | 66.43 |
| Woodie | 49.66 | 55.42 | 59.11 | 64.87 | 68.56 | 74.32 | 78.01 |
| Fibonacci | 55.77 | 59.38 | 61.61 | 65.22 | 68.83 | 71.06 | 74.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.93 | 44.99 | 57.12 | 65.18 | 77.31 | 85.37 | 97.50 |
| Camarilla | 63.69 | 65.54 | 67.39 | 69.24 | 71.09 | 72.94 | 74.79 |
| Woodie | 38.96 | 46.01 | 59.15 | 66.20 | 79.34 | 86.39 | 99.53 |
| Fibonacci | 44.99 | 52.71 | 57.47 | 65.18 | 72.90 | 77.66 | 85.37 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 34.68 | |
| MACD (12,26,9): | -0.9500 | |
| Directional Movement: | -15.03 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 62.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 65.20 | |
| Elder Ray (13): | -1.67 | |
| Super Trend (3,10): | 65.06 | |
| Zig ZAG (10): | 61.21 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 12.68 | |
| TEMA (21): | 61.80 | |
| Williams %R (14): | -92.65 | |
| Chande Momentum Oscillator (20): | -2.30 | |
| Repulse (5,40,3): | -1.9100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1900 | |
| Courbe Coppock: | 5.24 |
| MA7: | 65.19 | |
| MA20: | 65.13 | |
| MA50: | - | |
| MA100: | - | |
| MAexp7: | 62.31 | |
| MAexp20: | 63.38 | |
| MAexp50: | 64.61 | |
| MAexp100: | 64.54 | |
| Price / MA7: | -8.57% | |
| Price / MA20: | -8.49% | |
| Price / MA50: | - | |
| Price / MA100: | - | |
| Price / MAexp7: | -4.35% | |
| Price / MAexp20: | -5.96% | |
| Price / MAexp50: | -7.75% | |
| Price / MAexp100: | -7.65% |
Quotes :
-
15 min delayed data
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NASDAQ Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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