GL EVENTS

- EUR (-)

- 15 min delayed data - Euronext Paris

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	GLO
ISIN:	FR0000066672

GL EVENTS - Daily - Technical analysis published on 03/22/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 21.27 EUR

My targets

22.80 EUR (+3.87%)

24.90 EUR (+13.44%)

My analysis

GL EVENTS 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 21.27 EUR. The next resistance located at 22.80 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 24.90 EUR. After this resistance, buyers could then target 27.63 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.

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

7.7

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 GL EVENTS rating is 21.95 EUR. The price has increased by +3.54% since the last closing with the lowest point at 21.15 EUR and the highest point at 21.95 EUR. The deviation from the price is +3.78% for the low point and 0% for the high point.

21.15

21.95

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

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of GL EVENTS 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 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 : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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 2

Type : Neutral

Timeframe : Daily

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 : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.74	20.20	21.27	21.95	22.80	24.90	27.63
Change (%)	-14.62%	-7.97%	-3.10%	-	+3.87%	+13.44%	+25.88%
Change	-3.21	-1.75	-0.68	-	+0.85	+2.95	+5.68
Level	Minor	Major	Major	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.50	20.80	21.00	21.30	21.50	21.80	22.00
Camarilla	21.06	21.11	21.15	21.20	21.25	21.29	21.34
Woodie	20.45	20.78	20.95	21.28	21.45	21.78	21.95
Fibonacci	20.80	20.99	21.11	21.30	21.49	21.61	21.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.70	19.45	20.20	20.95	21.70	22.45	23.20
Camarilla	20.54	20.68	20.81	20.95	21.09	21.23	21.36
Woodie	18.70	19.45	20.20	20.95	21.70	22.45	23.20
Fibonacci	19.45	20.02	20.38	20.95	21.52	21.88	22.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.37	18.73	19.57	20.93	21.77	23.13	23.97
Camarilla	19.80	20.00	20.20	20.40	20.60	20.80	21.01
Woodie	17.10	18.60	19.30	20.80	21.50	23.00	23.70
Fibonacci	18.73	19.57	20.09	20.93	21.77	22.29	23.13

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):	59.10
MACD (12,26,9):	0.2200
Directional Movement:	-0.81
AROON (14):	-7.14
DEMA (21):	21.49
Parabolic SAR (0,02-0,02-0,2):	21.97
Elder Ray (13):	0.28
Super Trend (3,10):	22.00
Zig ZAG (10):	21.95
VORTEX (21):	1.0300
Stochastique (14,3,5):	60.83
TEMA (21):	21.29
Williams %R (14):	-12.50
Chande Momentum Oscillator (20):	0.25
Repulse (5,40,3):	4.4600
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	4.33

MA7:	21.24
MA20:	21.13
MA50:	20.87
MA100:	18.30
MAexp7:	21.35
MAexp20:	21.18
MAexp50:	20.38
MAexp100:	19.11
Price / MA7:	+3.34%
Price / MA20:	+3.88%
Price / MA50:	+5.17%
Price / MA100:	+19.95%
Price / MAexp7:	+2.81%
Price / MAexp20:	+3.64%
Price / MAexp50:	+7.70%
Price / MAexp100:	+14.86%

Quotes : - 15 min delayed data - Euronext Paris

News

The latest news and videos published on GL EVENTS at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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