GSK PLC ADS EACH

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	GSK
ISIN:

GSK PLC ADS EACH - 1H - Technical analysis published on 10/09/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

33%

39%

28%

My opinion

Bearish under 41.25 USD

My targets

40.12 USD (-0.69%)

39.42 USD (-2.43%)

My analysis

The basic trend is bearish on GSK PLC ADS EACH and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 41.25 USD. Buyers would then use the next resistance located at 42.84 USD as an objective. Crossing it would then enable buyers to target 44.30 USD. If there is a return to below the support located at 40.12 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 39.42 USD and 38.33 USD by extension.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

1.3

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.

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Additional analysis

Quotes

The GSK PLC ADS EACH rating is 40.40 USD. On the day, this instrument gained +6.26% with the lowest point at 37.80 USD and the highest point at 41.80 USD. The deviation from the price is +6.88% for the low point and -3.35% for the high point.

37.80

41.80

40.40

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

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:

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this GSK PLC ADS EACH chart shows a bearish trend. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

On the 18 technical indicators analysed, 6 are bullish, 5 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	38.33	39.42	40.12	40.40	41.25	42.84	44.30
Change (%)	-5.12%	-2.43%	-0.69%	-	+2.10%	+6.04%	+9.65%
Change	-2.07	-0.98	-0.28	-	+0.85	+2.44	+3.90
Level	Intermediate	Intermediate	Minor	-	Intermediate	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.41	37.67	37.85	38.11	38.29	38.55	38.73
Camarilla	37.90	37.94	37.98	38.02	38.06	38.10	38.14
Woodie	37.36	37.65	37.80	38.09	38.24	38.53	38.68
Fibonacci	37.67	37.84	37.95	38.11	38.28	38.39	38.55

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.52	36.23	37.52	39.23	40.52	42.23	43.52
Camarilla	38.00	38.27	38.55	38.82	39.10	39.37	39.65
Woodie	34.32	36.13	37.32	39.13	40.32	42.13	43.32
Fibonacci	36.23	37.37	38.08	39.23	40.37	41.08	42.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.74	38.12	39.50	41.88	43.26	45.64	47.02
Camarilla	39.85	40.19	40.54	40.88	41.23	41.57	41.91
Woodie	35.24	37.87	39.00	41.63	42.76	45.39	46.52
Fibonacci	38.12	39.56	40.44	41.88	43.32	44.20	45.64

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):	39.98
MACD (12,26,9):	-0.2500
Directional Movement:	-12.84
AROON (14):	-71.43
DEMA (21):	38.02
Parabolic SAR (0,02-0,02-0,2):	37.80
Elder Ray (13):	0.04
Super Trend (3,10):	38.44
Zig ZAG (10):	38.23
VORTEX (21):	1.0000
Stochastique (14,3,5):	36.80
TEMA (21):	38.10
Williams %R (14):	-62.17
Chande Momentum Oscillator (20):	-0.47
Repulse (5,40,3):	0.4100
ROCnROLL:	2
TRIX (15,9):	-0.1000
Courbe Coppock:	3.42

MA7:	38.83
MA20:	40.69
MA50:	41.31
MA100:	40.86
MAexp7:	38.20
MAexp20:	38.38
MAexp50:	39.01
MAexp100:	39.90
Price / MA7:	+4.04%
Price / MA20:	-0.71%
Price / MA50:	-2.20%
Price / MA100:	-1.13%
Price / MAexp7:	+5.76%
Price / MAexp20:	+5.26%
Price / MAexp50:	+3.56%
Price / MAexp100:	+1.25%

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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