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(Glaxosmith) Glaxosmith complete technical analysis [charts+indicators] | Buy/Sell Glaxosmith | (Glaxosmith) share price targets

Complete technical analysis of Glaxosmith (Glaxosmith) by charts plus indicators, forecast predictions and share price targets for Glaxosmith (Glaxosmith)

10 day averaged volume of Glaxosmith is 7244

Date Daily Closing Price Open High Low Volume
02 Thu May 2024 2103.55 2095.15 2118.85 2080.00 0.795 times
30 Tue Apr 2024 2087.10 2115.10 2136.00 2080.40 0.204 times
29 Mon Apr 2024 2111.90 2147.95 2163.60 2095.65 0.995 times
26 Fri Apr 2024 2132.75 2070.10 2145.75 2056.60 0.913 times
25 Thu Apr 2024 2065.40 2080.40 2118.00 2039.75 2.048 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2058.8, but if it comes below 2058.8, then a intra day sell could be more profitable.
If you take a sell trade below 2058.8, then use 2058.8 as stoploss and 1973.03 as target. However if you take a buy trade in stock , then use 2058.8 as stoploss and 2161.7 as target.

Share price targets for Glaxosmith (Glaxosmith)

Target Type Value
Downside Target 1825.05
Downside Target 1872.15
Downside Target 1973.65
Downside Target 2020.00
Downside Target 2080.00
Upside Target 2118.85
Upside Target 2145.75
Upside Target 2163.60
Upside Target 2199.65
Upside Target 2375.00
Upside Target 2649.95

Intraday share price targets for Glaxosmith (Glaxosmith)

Target Type Value
Downside Intraday Target 2067.83
Downside Intraday Target 2032.12
Upside Intraday Target 2151.43
Upside Intraday Target 2199.32
Upside Intraday Target 2115.72

Weekly technical analysis of Glaxosmith (Glaxosmith)

Date Weekly Closing Price Open High Low Volume
02 Thu May 2024 2103.55 2147.95 2163.60 2080.00 0.287 times
26 Fri Apr 2024 2132.75 1880.75 2145.75 1877.70 2.829 times
19 Fri Apr 2024 1868.85 1825.05 1920.10 1825.05 1.039 times
12 Fri Apr 2024 1884.05 1946.95 1973.65 1875.00 0.734 times
05 Fri Apr 2024 1940.65 1941.15 2020.00 1919.00 0.594 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Glaxosmith (Glaxosmith)

Date Monthly Closing Price Open High Low Volume
02 Thu May 2024 2103.55 2095.15 2118.85 2080.00 0.049 times
30 Tue Apr 2024 2087.10 1941.15 2163.60 1825.05 0.703 times
28 Thu Mar 2024 1943.10 2199.65 2199.65 1872.15 0.559 times
29 Thu Feb 2024 2172.10 2259.85 2649.95 2094.15 0.746 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Glaxosmith (Glaxosmith)

Indicator Name Indicator Value Indicator Signal
ADX 29, 13, 40 Buy
MACD 30, -6Buy
Stochastics 81Buy
CCI 62Sell
RSI 71Buy
OBV -6587Sell
VWAP 2050Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Glaxosmith ( (Glaxosmith) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Glaxosmith ( (Glaxosmith) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Glaxosmith ( (Glaxosmith) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Glaxosmith ( (Glaxosmith) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Glaxosmith stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Glaxosmith in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glaxosmith Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Glaxosmith in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Glaxosmith is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2050.14 and Glaxosmith (Glaxosmith) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Glaxosmith (Glaxosmith) stock. Volume based technical analysis of Glaxosmith (Glaxosmith) stock is negative.

Glaxosmith Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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