GBL

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	GBLB
ISIN:	BE0003797140

GBL - 1H - Technical analysis published on 08/22/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 66.65 EUR

My targets

68.70 EUR (+1.25%)

70.75 EUR (+4.27%)

My analysis

GBL is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 66.65 EUR. The next resistance located at 68.70 EUR is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 70.75 EUR. After this resistance, buyers could then target 71.55 EUR. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GBL rating is 67.85 EUR. On the day, this instrument gained +0.52% and was traded between 67.45 EUR and 67.90 EUR over the period. The price is currently at +0.59% from its lowest and -0.07% from its highest.

67.45

67.90

67.85

Here is a more detailed summary of the historical variations registered by GBL:

The Central Records scanner for higher/lower results shows the following items:

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 this 1H chart of GBL indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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 resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	65.54	66.65	67.59	67.85	68.70	70.75	71.55
Change (%)	-3.40%	-1.77%	-0.38%	-	+1.25%	+4.27%	+5.45%
Change	-2.31	-1.20	-0.26	-	+0.85	+2.90	+3.70
Level	Major	Major	Intermediate	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	66.67	66.83	67.17	67.33	67.67	67.83	68.17
Camarilla	67.36	67.41	67.45	67.50	67.55	67.59	67.64
Woodie	66.75	66.88	67.25	67.38	67.75	67.88	68.25
Fibonacci	66.83	67.02	67.14	67.33	67.52	67.64	67.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	64.30	65.05	66.10	66.85	67.90	68.65	69.70
Camarilla	66.66	66.82	66.99	67.15	67.32	67.48	67.65
Woodie	64.45	65.13	66.25	66.93	68.05	68.73	69.85
Fibonacci	65.05	65.74	66.16	66.85	67.54	67.96	68.65

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	63.32	64.83	66.92	68.43	70.52	72.03	74.12
Camarilla	68.01	68.34	68.67	69.00	69.33	69.66	69.99
Woodie	63.60	64.98	67.20	68.58	70.80	72.18	74.40
Fibonacci	64.83	66.21	67.06	68.43	69.81	70.66	72.03

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):	65.48
MACD (12,26,9):	0.0900
Directional Movement:	16.31
AROON (14):	71.43
DEMA (21):	67.52
Parabolic SAR (0,02-0,02-0,2):	67.09
Elder Ray (13):	0.39
Super Trend (3,10):	67.19
Zig ZAG (10):	67.85
VORTEX (21):	0.9900
Stochastique (14,3,5):	90.67
TEMA (21):	67.49
Williams %R (14):	-5.56
Chande Momentum Oscillator (20):	0.65
Repulse (5,40,3):	0.4900
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.23

MA7:	67.31
MA20:	67.20
MA50:	67.47
MA100:	68.15
MAexp7:	67.51
MAexp20:	67.41
MAexp50:	67.19
MAexp100:	67.05
Price / MA7:	+0.80%
Price / MA20:	+0.97%
Price / MA50:	+0.56%
Price / MA100:	-0.44%
Price / MAexp7:	+0.50%
Price / MAexp20:	+0.65%
Price / MAexp50:	+0.98%
Price / MAexp100:	+1.19%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

Don't forget to follow the news on GBL. 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.

About author

Londinia AI

Online

Overall rating :

15830

Number of analyses :

95254

Followers :

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…