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 - 1H - Technical analysis published on 04/03/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

50%

44%

My opinion

Bullish above 19.07 EUR

My targets

19.48 EUR (+0.83%)

20.80 EUR (+7.66%)

My analysis

The current short-term bullish acceleration on GL EVENTS should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 19.07 EUR. Short-term buyers will use the resistance located at 19.48 EUR as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 20.80 EUR. Crossing this resistance would then open the door for buyers to target 21.38 EUR. Caution, if there is a return to under 19.07 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

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

3.2

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 19.32 EUR. The price is lower by -0.10% since the last closing and was traded between 19.10 EUR and 19.34 EUR over the period. The price is currently at +1.15% from its lowest and -0.10% from its highest.

19.10

19.34

19.32

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of GL EVENTS in 1H shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish doji star

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.28	18.74	19.07	19.32	19.48	20.80	21.38
Change (%)	-5.38%	-3.00%	-1.29%	-	+0.83%	+7.66%	+10.66%
Change	-1.04	-0.58	-0.25	-	+0.16	+1.48	+2.06
Level	Minor	Major	Major	-	Intermediate	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.75	18.93	19.13	19.31	19.51	19.69	19.89
Camarilla	19.24	19.27	19.31	19.34	19.38	19.41	19.45
Woodie	18.77	18.94	19.15	19.32	19.53	19.70	19.91
Fibonacci	18.93	19.07	19.16	19.31	19.45	19.54	19.69

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.91	18.39	18.73	19.21	19.55	20.03	20.37
Camarilla	18.86	18.93	19.01	19.08	19.16	19.23	19.31
Woodie	17.85	18.36	18.67	19.18	19.49	20.00	20.31
Fibonacci	18.39	18.70	18.89	19.21	19.52	19.71	20.03

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.19	15.73	17.41	19.95	21.63	24.17	25.85
Camarilla	17.92	18.31	18.69	19.08	19.47	19.85	20.24
Woodie	12.75	15.52	16.97	19.74	21.19	23.96	25.41
Fibonacci	15.73	17.35	18.34	19.95	21.57	22.56	24.17

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):	51.42
MACD (12,26,9):	0.0000
Directional Movement:	-1.15
AROON (14):	14.29
DEMA (21):	19.30
Parabolic SAR (0,02-0,02-0,2):	19.47
Elder Ray (13):	0.04
Super Trend (3,10):	19.51
Zig ZAG (10):	19.32
VORTEX (21):	0.8900
Stochastique (14,3,5):	50.00
TEMA (21):	19.27
Williams %R (14):	-40.00
Chande Momentum Oscillator (20):	0.24
Repulse (5,40,3):	1.1400
ROCnROLL:	-1
TRIX (15,9):	0.0000
Courbe Coppock:	0.38

MA7:	19.27
MA20:	20.10
MA50:	20.71
MA100:	19.82
MAexp7:	19.29
MAexp20:	19.29
MAexp50:	19.30
MAexp100:	19.54
Price / MA7:	+0.26%
Price / MA20:	-3.88%
Price / MA50:	-6.71%
Price / MA100:	-2.52%
Price / MAexp7:	+0.16%
Price / MAexp20:	+0.16%
Price / MAexp50:	+0.10%
Price / MAexp100:	-1.13%

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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