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(GLAXO) Glaxosmithkline Pharma complete technical analysis [charts+indicators] | Buy/Sell Glaxosmithkline Pharma | (GLAXO) share price targets

Complete technical analysis of Glaxosmithkline Pharma (GLAXO) by charts plus indicators, forecast predictions and share price targets for Glaxosmithkline Pharma (GLAXO)

10 day averaged volume of Glaxosmithkline Pharma is 191536

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 2287.00 2036.00 2343.25 2024.20 6.258 times
16 Thu May 2024 2022.50 1999.00 2045.00 1980.10 0.577 times
15 Wed May 2024 1989.15 1999.35 2029.25 1975.00 0.441 times
14 Tue May 2024 1994.45 2006.25 2020.00 1984.00 0.193 times
13 Mon May 2024 1999.35 1980.15 2015.85 1967.80 0.318 times

Stock of Glaxosmithkline Pharma (GLAXO) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2230.3, for a target of 2126.9 or 2040.82

Share price targets for Glaxosmithkline Pharma (GLAXO)

Target Type Value
Downside Target 1842.05
Downside Target 1965.00
Downside Target 2078.10
Downside Target 2148.00
Downside Target 2165.40
Downside Target 2191.00
Upside Target 2343.25
Upside Target 2374.80
Upside Target 2524.00

Intraday share price targets for Glaxosmithkline Pharma (GLAXO)

Target Type Value
Downside Intraday Target 2055.45
Downside Intraday Target 1823.9
Upside Intraday Target 2430.9
Upside Intraday Target 2574.8
Downside Intraday Target 2199.35

Weekly technical analysis of Glaxosmithkline Pharma (GLAXO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 2287.00 1980.15 2343.25 1967.80 3.519 times
10 Fri May 2024 1972.30 2103.75 2121.00 1965.00 1.096 times
03 Fri May 2024 2095.35 2137.00 2165.40 2078.10 0.371 times
26 Fri Apr 2024 2128.65 1872.00 2148.00 1872.00 2.798 times
19 Fri Apr 2024 1871.20 1876.10 1923.30 1842.05 0.71 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Glaxosmithkline Pharma (GLAXO)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 2287.00 2110.25 2343.25 1965.00 0.77 times
30 Tue Apr 2024 2086.75 1946.60 2165.40 1842.05 0.844 times
28 Thu Mar 2024 1946.60 2170.00 2191.00 1871.25 0.821 times
29 Thu Feb 2024 2173.65 2250.00 2524.00 2091.05 0.481 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Glaxosmithkline Pharma (GLAXO)

Indicator Name Indicator Value Indicator Signal
ADX 46, 10, 65 Buy
MACD 34, 11Buy
Stochastics 44None
CCI 246Buy
RSI 79Buy
OBV 812011Sell
VWAP 2185Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of Glaxosmithkline Pharma ( (GLAXO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Glaxosmithkline Pharma ( (GLAXO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Glaxosmithkline Pharma ( (GLAXO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Glaxosmithkline Pharma ( (GLAXO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Glaxosmithkline Pharma stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Glaxosmithkline Pharma in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glaxosmithkline Pharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Glaxosmithkline Pharma in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Glaxosmithkline Pharma is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2184.99 and Glaxosmithkline Pharma (GLAXO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Glaxosmithkline Pharma (GLAXO) stock. Volume based technical analysis of Glaxosmithkline Pharma (GLAXO) stock is negative.

Glaxosmithkline Pharma Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Glaxosmithkline Pharma charts

Click here for further forecast and predictions for tomorrow

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