SPDR BBG GLOBAL AGG ETF (GLAG.MI) Stock Technical Analysis
BIT:GLAG - IE00B43QJJ40 - ETF
22.31 EUR
+0.04 (+0.2%)
We assign a technical rating of 1 out of 10 to GLAG. GLAG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, GLAG is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: GLAG has an average volume of 11573 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 negative. It is probably better to wait until this picture becomes clearer.
In the last month GLAG has a been trading in a tight range between 22.14 and 23.00.
Although the technical rating is bad, GLAG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.30, a Stop Loss order could be placed below this zone.
More info and screens
21.94
24.47
When analyzing the support we notice one important area.
- A support zone ranging from 22.16 to 22.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 22.44 to 22.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.71 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.23 to 24.23. 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 GLAG.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLAG.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLAG.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLAG.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLAG.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 37.13 | NEUTRAL | The RSI value for GLAG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GLAG.MI has a positive trend. |
| Stochastics (14,3) | 14.55 | OVERSOLD | The low Stochastics value suggests GLAG.MI may be oversold. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for GLAG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 19.9 | NEGATIVE | The low ADX value for GLAG.MI 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)
BIT:GLAG (9/9/2025, 7:00:00 PM)
22.31
+0.04 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week-0.38%
2 Weeks-1.11%
1 Month-1.61%
3 Month-6.38%
6 Month-3.82%
12 MonthN/A
2 Year-2.17%
3 Year-14.11%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.53%
ATR Inc7.52%
Range Today0.08
ADR(20)0.07
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High22.48
10 Day Low22.14
20 Day High23
20 Day Low22.14
52 Week HighN/A
52 Week LowN/A
CS1 End22.3
CR1 Start22.44
Volume & EV
DER(3)0%
DER(5)0%
Volume4.80K
Volume Incr49.44%
Vol(5)14.55K
Vol(50)11.57K