GLAXOSMITHKLINE ORD 25P
GLAXOSMITHKLINE ORD 25P
1,729.4 GBX (+1.32%)
15 min delay - London Stock Exchange
Open: 1,718.8
Change: +22.6
Volume: 4,717,553
Low: 1,704.8
High: 1,731.2
High / Low range: 26.4
Type: Stocks
Ticker: GSK
ISIN: GB0009252882

GLAXOSMITHKLINE ORD 25P - Daily - Technical analysis published on 10/04/2019

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  • Timeframe : Daily
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 1,684.0 GBX
My targets
1,722.4 GBX (+1.81%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GLAXOSMITHKLINE ORD 25P as long as the price remains well above 1,684.0 GBX. The buyers” bullish objective is set at 1,722.4 GBX. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
4.6

Complete this analysis for another time unit:
15 min. 1H Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The GLAXOSMITHKLINE ORD 25P price is 1,691.8 GBX. The price registered an increase of +1.27% on the session and was between 1,669.4 GBX and 1,693.8 GBX. This implies that the price is at +1.34% from its lowest and at -0.12% from its highest.

1,669.4
1,693.8
1,691.8

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this GLAXOSMITHKLINE ORD 25P chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


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:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 1,581.3 1,620.9 1,684.0 1,691.8 1,722.4
Change (%) -6.53% -4.19% -0.46% - +1.81%
Change -110.5 -70.9 -7.8 - +30.6
Level Intermediate Major Intermediate - Major



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
Standard1,624.71,638.11,654.31,667.71,683.91,697.31,713.5
Camarilla1,662.51,665.21,667.91,670.61,673.31,676.01,678.7
Woodie1,626.21,638.81,655.81,668.41,685.41,698.01,715.0
Fibonacci1,638.11,649.41,656.41,667.71,679.01,686.01,697.3


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,628.61,649.41,687.21,708.01,745.81,766.61,804.4
Camarilla1,708.91,714.31,719.61,725.01,730.41,735.71,741.1
Woodie1,637.11,653.71,695.71,712.31,754.31,770.91,812.9
Fibonacci1,649.41,671.81,685.61,708.01,730.41,744.21,766.6


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,511.11,566.71,655.71,711.31,800.31,855.91,944.9
Camarilla1,704.81,718.11,731.31,744.61,757.91,771.11,784.4
Woodie1,527.71,575.11,672.31,719.71,816.91,864.31,961.5
Fibonacci1,566.71,622.01,656.11,711.31,766.61,800.71,855.9

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): 51.00
MACD (12,26,9): 6.1000
Directional Movement: -0.1
AROON (14): 71.4
DEMA (21): 1,695.9
Parabolic SAR (0,02-0,02-0,2): 1,762.3
Elder Ray (13): -11.0
Super Trend (3,10): 1,657.3
Zig ZAG (10): 1,688.2
VORTEX (21): 0.9000
Stochastique (14,3,5): 37.90
TEMA (21): 1,695.8
Williams %R (14): -53.60
Chande Momentum Oscillator (20): 40.6
Repulse (5,40,3): -0.4000
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 5.40
MA7: 1,705.9
MA20: 1,676.4
MA50: 1,681.0
MA100: 1,629.4
MAexp7: 1,693.1
MAexp20: 1,688.1
MAexp50: 1,671.1
MAexp100: 1,635.0
Price / MA7: -0.83%
Price / MA20: +0.92%
Price / MA50: +0.64%
Price / MA100: +3.83%
Price / MAexp7: -0.08%
Price / MAexp20: +0.22%
Price / MAexp50: +1.24%
Price / MAexp100: +3.47%

News


The last news published on GLAXOSMITHKLINE ORD 25P at the time of the generation of this analysis was as follows:

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

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