GSK PLC ADS EACH - 1H - Technical analysis published on 05/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
22%
61%
My opinion
Bullish above 44.72 USD
My targets
45.79 USD (+1.44%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 44.72 USD remains possible. It is advisable to trade GSK PLC ADS EACH with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 44.72 USD. The next bullish objective for buyers is set at 45.79 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 44.72 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3
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Additional analysis
Quotes
GSK PLC ADS EACH rating 45.14 USD. On the day, this instrument lost -0.02% and was traded between 45.03 USD and 45.45 USD over the period. The price is currently at +0.24% from its lowest and -0.68% from its highest.45.03
45.45
45.14
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GSK PLC ADS EACH:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GSK PLC ADS EACH chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 41.08 | 43.23 | 44.72 | 45.14 | 45.79 |
| Change (%) | -8.99% | -4.23% | -0.93% | - | +1.44% |
| Change | -4.06 | -1.91 | -0.42 | - | +0.65 |
| Level | Minor | Major | Major | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43.97 | 44.46 | 44.80 | 45.29 | 45.63 | 46.12 | 46.46 |
| Camarilla | 44.92 | 45.00 | 45.07 | 45.15 | 45.23 | 45.30 | 45.38 |
| Woodie | 43.91 | 44.42 | 44.74 | 45.25 | 45.57 | 46.08 | 46.40 |
| Fibonacci | 44.46 | 44.77 | 44.97 | 45.29 | 45.60 | 45.80 | 46.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43.83 | 44.29 | 44.63 | 45.09 | 45.43 | 45.89 | 46.23 |
| Camarilla | 44.76 | 44.83 | 44.91 | 44.98 | 45.05 | 45.13 | 45.20 |
| Woodie | 43.78 | 44.26 | 44.58 | 45.06 | 45.38 | 45.86 | 46.18 |
| Fibonacci | 44.29 | 44.59 | 44.78 | 45.09 | 45.39 | 45.58 | 45.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.42 | 37.12 | 39.11 | 40.81 | 42.80 | 44.50 | 46.49 |
| Camarilla | 40.09 | 40.42 | 40.76 | 41.10 | 41.44 | 41.78 | 42.12 |
| Woodie | 35.57 | 37.19 | 39.26 | 40.88 | 42.95 | 44.57 | 46.64 |
| Fibonacci | 37.12 | 38.53 | 39.40 | 40.81 | 42.22 | 43.09 | 44.50 |
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): | 51.65 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 8.87 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 45.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 45.67 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 45.03 | |
| Zig ZAG (10): | 45.18 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 28.07 | |
| TEMA (21): | 45.19 | |
| Williams %R (14): | -73.68 | |
| Chande Momentum Oscillator (20): | -0.10 | |
| Repulse (5,40,3): | -0.2400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.98 |
| MA7: | 45.00 | |
| MA20: | 44.04 | |
| MA50: | 42.21 | |
| MA100: | 41.47 | |
| MAexp7: | 45.16 | |
| MAexp20: | 45.15 | |
| MAexp50: | 45.00 | |
| MAexp100: | 44.47 | |
| Price / MA7: | +0.31% | |
| Price / MA20: | +2.50% | |
| Price / MA50: | +6.94% | |
| Price / MA100: | +8.85% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | +1.51% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on GSK PLC ADS EACH at the time of the generation of this analysis was as follows:
- INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in GSK plc with Losses of $100,000 to Contact the Firm
- ONGOING INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in GSK plc with Losses of $100,000 to Contact the Firm
- INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in GSK plc with Losses of $100,000 to Contact the Firm
- Shingrix approved in the US for prevention of shingles in immunocompromised adults
- Elliott Publishes Letter on GlaxoSmithKline
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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