GSK PLC ADS EACH

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	GSK
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GSK PLC ADS EACH - 1H - Technical analysis published on 07/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

72%

28%

My opinion

Bullish above 38.78 USD

My targets

39.80 USD (+1.43%)

40.68 USD (+3.67%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 38.78 USD remains possible. It is advisable to trade GSK PLC ADS EACH with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 38.78 USD. The next bullish objective for buyers is set at 39.80 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 40.68 USD. If there is any crossing, the next objective would be the resistance located at 41.03 USD. PS: if there is a bearish break in the support located at 38.78 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 GSK PLC ADS EACH price is 39.24 USD. The price is lower by -0.15% since the last closing with the lowest point at 38.92 USD and the highest point at 39.46 USD. The deviation from the price is +0.82% for the low point and -0.56% for the high point.

38.92

39.46

39.24

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

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:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of GSK PLC ADS EACH indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	38.45	38.78	39.05	39.24	39.80	40.68	41.03
Change (%)	-2.01%	-1.17%	-0.48%	-	+1.43%	+3.67%	+4.56%
Change	-0.79	-0.46	-0.19	-	+0.56	+1.44	+1.79
Level	Intermediate	Minor	Minor	-	Major	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.57	38.71	39.01	39.15	39.45	39.59	39.89
Camarilla	39.18	39.22	39.26	39.30	39.34	39.38	39.42
Woodie	38.64	38.75	39.08	39.19	39.52	39.63	39.96
Fibonacci	38.71	38.88	38.99	39.15	39.32	39.43	39.59

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.08	37.77	38.56	39.25	40.04	40.73	41.52
Camarilla	38.94	39.08	39.21	39.35	39.49	39.62	39.76
Woodie	37.13	37.80	38.61	39.28	40.09	40.76	41.57
Fibonacci	37.77	38.34	38.69	39.25	39.82	40.17	40.73

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.75	35.47	36.99	39.71	41.23	43.95	45.47
Camarilla	37.33	37.72	38.11	38.50	38.89	39.28	39.67
Woodie	32.14	35.17	36.38	39.41	40.62	43.65	44.86
Fibonacci	35.47	37.09	38.09	39.71	41.33	42.33	43.95

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):	52.79
MACD (12,26,9):	0.0100
Directional Movement:	6.03
AROON (14):	71.43
DEMA (21):	39.18
Parabolic SAR (0,02-0,02-0,2):	39.00
Elder Ray (13):	0.11
Super Trend (3,10):	38.76
Zig ZAG (10):	39.26
VORTEX (21):	0.9400
Stochastique (14,3,5):	73.97
TEMA (21):	39.21
Williams %R (14):	-31.39
Chande Momentum Oscillator (20):	0.41
Repulse (5,40,3):	0.0100
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	1.40

MA7:	39.33
MA20:	38.89
MA50:	41.11
MA100:	41.44
MAexp7:	39.23
MAexp20:	39.19
MAexp50:	39.19
MAexp100:	39.22
Price / MA7:	-0.23%
Price / MA20:	+0.90%
Price / MA50:	-4.55%
Price / MA100:	-5.31%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.13%
Price / MAexp50:	+0.13%
Price / MAexp100:	+0.05%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on GSK PLC ADS EACH 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 financial instrument.

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