GBL - 1H - Technical analysis published on 10/11/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 71.82 EUR
My targets
70.61 EUR (-0.91%)
69.78 EUR (-2.08%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on GBL as long as the price remains well below 71.82 EUR. The sellers' bearish objective is set at 70.61 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 69.78 EUR. In case of crossing, the next objective would be the support located at 66.11 EUR.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.2
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Additional analysis
Quotes
The GBL rating is 71.26 EUR. The price registered a decrease of -0.36% on the session and was traded between 70.84 EUR and 71.62 EUR over the period. The price is currently at +0.59% from its lowest and -0.50% from its highest.70.84
71.62
71.26
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of GBL in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 66.11 | 69.78 | 70.61 | 71.26 | 71.82 | 74.26 | 74.99 |
| Change (%) | -7.23% | -2.08% | -0.91% | - | +0.79% | +4.21% | +5.23% |
| Change | -5.15 | -1.48 | -0.65 | - | +0.56 | +3.00 | +3.73 |
| Level | Minor | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 70.24 | 70.84 | 71.18 | 71.78 | 72.12 | 72.72 | 73.06 |
| Camarilla | 71.26 | 71.35 | 71.43 | 71.52 | 71.61 | 71.69 | 71.78 |
| Woodie | 70.11 | 70.78 | 71.05 | 71.72 | 71.99 | 72.66 | 72.93 |
| Fibonacci | 70.84 | 71.20 | 71.42 | 71.78 | 72.14 | 72.36 | 72.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65.70 | 68.16 | 70.10 | 72.56 | 74.50 | 76.96 | 78.90 |
| Camarilla | 70.83 | 71.23 | 71.64 | 72.04 | 72.44 | 72.85 | 73.25 |
| Woodie | 65.44 | 68.03 | 69.84 | 72.43 | 74.24 | 76.83 | 78.64 |
| Fibonacci | 68.16 | 69.84 | 70.88 | 72.56 | 74.24 | 75.28 | 76.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.85 | 64.81 | 68.35 | 73.31 | 76.85 | 81.81 | 85.35 |
| Camarilla | 69.54 | 70.32 | 71.10 | 71.88 | 72.66 | 73.44 | 74.22 |
| Woodie | 59.13 | 64.46 | 67.63 | 72.96 | 76.13 | 81.46 | 84.63 |
| Fibonacci | 64.81 | 68.06 | 70.07 | 73.31 | 76.56 | 78.57 | 81.81 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.76 | |
| MACD (12,26,9): | -0.5800 | |
| Directional Movement: | -20.90 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 71.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 71.93 | |
| Elder Ray (13): | -0.33 | |
| Super Trend (3,10): | 72.15 | |
| Zig ZAG (10): | 71.34 | |
| VORTEX (21): | 0.6800 | |
| Stochastique (14,3,5): | 23.94 | |
| TEMA (21): | 70.84 | |
| Williams %R (14): | -70.13 | |
| Chande Momentum Oscillator (20): | -0.84 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 3.01 |
| MA7: | 72.86 | |
| MA20: | 72.80 | |
| MA50: | 76.15 | |
| MA100: | 79.32 | |
| MAexp7: | 71.32 | |
| MAexp20: | 71.93 | |
| MAexp50: | 72.51 | |
| MAexp100: | 72.69 | |
| Price / MA7: | -2.20% | |
| Price / MA20: | -2.12% | |
| Price / MA50: | -6.42% | |
| Price / MA100: | -10.16% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.93% | |
| Price / MAexp50: | -1.72% | |
| Price / MAexp100: | -1.97% |
Quotes :
-
15 min delayed data
-
Euronext Bruxelles
News
The last news published on GBL at the time of the generation of this analysis was as follows:
PM Cap Gbl OpportunitiesThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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