GLOBAL LIGHTS ACQUISITION CO (GLAC) Stock Technical Analysis
USA - NASDAQ:GLAC - KYG3937F1019 - Common Stock
10.82 USD
-0.02 (-0.14%)
Overall GLAC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLAC is showing a nice and steady performance.
Warning: GLAC has an average volume of 11802 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that GLAC is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by GLAC over the past year are nicely spread over this period.
GLAC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GLAC is lagging the market slightly.
In the last month GLAC has a been trading in a tight range between 10.63 and 10.86.
Volume is considerably higher in the last couple of days.
Although GLAC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.04
10.96
We found 1 important support area.
- A support zone ranging from 10.14 to 10.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.83 to 10.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GLAC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLAC is neutral. |
| ChartMill Relative Strength | 80.38 | POSITIVE | GLAC has a high relative strength, it outperformed 80.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.92 | NEUTRAL | The RSI value for GLAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GLAC has a negative trend. |
| Stochastics (14,3) | 82.8 | OVERBOUGHT | The high Stochastics value suggests GLAC may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for GLAC suggests low volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for GLAC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:GLAC (4/4/2025, 8:00:00 PM)
10.82
-0.02 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.14%
1 Week0%
2 Weeks0.19%
1 Month0.46%
3 Month1.5%
6 Month3.74%
12 Month6.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.25%
ATR Inc213.16%
Range Today0.08
ADR(20)0.02
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.38
Mansfield1.4
10 Day High10.86
10 Day Low10.78
20 Day High10.86
20 Day Low10.63
52 Week High10.95
52 Week Low10.17
CS1 End10.82
CR1 Start10.83
Volume & EV
DER(3)-0.18%
DER(5)-0.11%
Volume68.50K
Volume Incr1259.1%
Vol(5)24.26K
Vol(50)11.80K