GSK ORD 31 1/4P

- GBX (-)

- 15 min delayed data - London Stock Exchange

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	GSK
ISIN:	GB00BN7SWP63

GSK ORD 31 1/4P - Daily - Technical analysis published on 08/13/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

56%

39%

My opinion

Bullish above 1,620.9 GBX

My targets

1,722.4 GBX (+2.55%)

My analysis

The bullish trend is currently very strong on GLAXOSMITHKLINE ORD 25P. As long as the price remains above the support at 1,620.9 GBX, you could try to benefit from the boom. The first bullish objective is located at 1,722.4 GBX. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

GLAXOSMITHKLINE ORD 25P rating 1,679.6 GBX. On the day, this instrument gained +0.62% and was between 1,670.0 GBX and 1,687.8 GBX. This implies that the price is at +0.57% from its lowest and at -0.49% from its highest.

1,670.0

1,687.8

1,679.6

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of GLAXOSMITHKLINE ORD 25P in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1
ProTrendLines	1,535.8	1,577.0	1,620.9	1,679.6	1,722.4
Change (%)	-8.56%	-6.11%	-3.49%	-	+2.55%
Change	-143.8	-102.6	-58.7	-	+42.8
Level	Minor	Major	Major	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,642.3	1,652.7	1,660.9	1,671.3	1,679.5	1,689.9	1,698.1
Camarilla	1,664.1	1,665.8	1,667.5	1,669.2	1,670.9	1,672.6	1,674.3
Woodie	1,641.3	1,652.2	1,659.9	1,670.8	1,678.5	1,689.4	1,697.1
Fibonacci	1,652.7	1,659.8	1,664.2	1,671.3	1,678.4	1,682.8	1,689.9

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,580.0	1,601.5	1,626.1	1,647.6	1,672.2	1,693.6	1,718.2
Camarilla	1,638.0	1,642.2	1,646.4	1,650.7	1,654.9	1,659.1	1,663.3
Woodie	1,581.6	1,602.3	1,627.6	1,648.3	1,673.7	1,694.4	1,719.8
Fibonacci	1,601.5	1,619.1	1,630.0	1,647.6	1,665.2	1,676.0	1,693.6

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,422.1	1,492.8	1,587.9	1,658.6	1,753.8	1,824.5	1,919.7
Camarilla	1,637.5	1,652.7	1,667.9	1,683.1	1,698.3	1,713.5	1,728.7
Woodie	1,434.3	1,498.9	1,600.2	1,664.8	1,766.0	1,830.6	1,931.9
Fibonacci	1,492.8	1,556.1	1,595.3	1,658.6	1,722.0	1,761.2	1,824.5

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):	60.90
MACD (12,26,9):	16.0000
Directional Movement:	11.0
AROON (14):	28.6
DEMA (21):	1,678.4
Parabolic SAR (0,02-0,02-0,2):	1,709.0
Elder Ray (13):	15.8
Super Trend (3,10):	1,723.6
Zig ZAG (10):	1,682.8
VORTEX (21):	1.1000
Stochastique (14,3,5):	47.40
TEMA (21):	1,675.2
Williams %R (14):	-45.00
Chande Momentum Oscillator (20):	17.1
Repulse (5,40,3):	0.5000
ROCnROLL:	1
TRIX (15,9):	0.2000
Courbe Coppock:	2.30

MA7:	1,656.8
MA20:	1,659.7
MA50:	1,613.9
MA100:	1,568.7
MAexp7:	1,666.5
MAexp20:	1,655.7
MAexp50:	1,620.3
MAexp100:	1,580.1
Price / MA7:	+1.38%
Price / MA20:	+1.20%
Price / MA50:	+4.07%
Price / MA100:	+7.07%
Price / MAexp7:	+0.79%
Price / MAexp20:	+1.44%
Price / MAexp50:	+3.66%
Price / MAexp100:	+6.30%

News

Don"t forget to follow the news on GLAXOSMITHKLINE ORD 25P. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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