GBL

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	GBLB
ISIN:	BE0003797140

GBL - Daily - Technical analysis published on 04/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 75.20 EUR

My targets

81.53 EUR (+2.55%)

84.20 EUR (+5.91%)

My analysis

GBL 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 75.20 EUR. The next resistance located at 81.53 EUR is the next bullish target 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 84.20 EUR. After this resistance, buyers could then target 86.57 EUR.

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

7.3

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GBL price is 79.50 EUR. On the day, this instrument lost -0.53% with the lowest point at 79.48 EUR and the highest point at 80.14 EUR. The deviation from the price is +0.03% for the low point and -0.80% for the high point.

79.48

80.14

79.50

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

Here is a more detailed summary of the historical variations registered by GBL:

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

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this GBL chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

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 engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	70.60	73.97	75.20	79.50	79.65	81.53	84.20
Change (%)	-11.19%	-6.96%	-5.41%	-	+0.19%	+2.55%	+5.91%
Change	-8.90	-5.53	-4.30	-	+0.15	+2.03	+4.70
Level	Major	Intermediate	Major	-	Major	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.99	79.29	79.61	79.91	80.23	80.53	80.85
Camarilla	79.75	79.81	79.86	79.92	79.98	80.03	80.09
Woodie	78.99	79.30	79.61	79.92	80.23	80.54	80.85
Fibonacci	79.29	79.53	79.68	79.91	80.15	80.30	80.53

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.69	78.25	79.09	79.65	80.49	81.05	81.89
Camarilla	79.54	79.66	79.79	79.92	80.05	80.18	80.31
Woodie	77.82	78.32	79.22	79.72	80.62	81.12	82.02
Fibonacci	78.25	78.79	79.12	79.65	80.19	80.52	81.05

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	64.93	68.95	73.73	77.75	82.53	86.55	91.33
Camarilla	76.08	76.89	77.69	78.50	79.31	80.11	80.92
Woodie	65.30	69.14	74.10	77.94	82.90	86.74	91.70
Fibonacci	68.95	72.32	74.39	77.75	81.12	83.19	86.55

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	58.78
MACD (12,26,9):	0.5200
Directional Movement:	5.22
AROON (14):	92.86
DEMA (21):	78.59
Parabolic SAR (0,02-0,02-0,2):	76.87
Elder Ray (13):	1.33
Super Trend (3,10):	76.60
Zig ZAG (10):	79.52
VORTEX (21):	1.1200
Stochastique (14,3,5):	90.04
TEMA (21):	79.34
Williams %R (14):	-13.06
Chande Momentum Oscillator (20):	4.52
Repulse (5,40,3):	-0.7800
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	9.44

MA7:	79.04
MA20:	77.30
MA50:	78.34
MA100:	77.80
MAexp7:	79.08
MAexp20:	78.14
MAexp50:	77.95
MAexp100:	77.89
Price / MA7:	+0.58%
Price / MA20:	+2.85%
Price / MA50:	+1.48%
Price / MA100:	+2.19%
Price / MAexp7:	+0.53%
Price / MAexp20:	+1.74%
Price / MAexp50:	+1.99%
Price / MAexp100:	+2.07%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

The latest news and videos published on GBL 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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