GLOBAL-E ONLINE LTD (GLBE) Stock Technical Analysis
NASDAQ:GLBE - Nasdaq - IL0011741688 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GLBE. GLBE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GLBE is a bad performer in the overall market: 72% of all stocks are doing better.
GLBE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GLBE is lagging the market.
GLBE has an average volume of 2373890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GLBE is an average performer in the Broadline Retail industry, it outperforms 44% of 30 stocks in the same industry.
In the last month GLBE has a been trading in the 30.42 - 35.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of GLBE is bad and it also does not present a quality setup 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
28.84
35.24
2 important support areas can be observed.
- Support @31.70 from a horizontal line in the daily time frame.
- A support zone ranging from 29.13 to 29.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.60 to 34.89. 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 | DOWN | NEGATIVE | The long term trend for GLBE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLBE is down. |
| ChartMill Relative Strength | 28.26 | NEGATIVE | GLBE has a low relative strength, it was outperformed by 71.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLBE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLBE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLBE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.23 | NEUTRAL | The RSI value for GLBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests GLBE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.94 | NEUTRAL | The Stochastics value for GLBE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for GLBE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for GLBE 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)
31.97
-1.29 (-3.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-3.88%
1 Week-7.57%
2 Weeks0.31%
1 Month-3.44%
3 Month-11.42%
6 Month-43.38%
12 Month-0.09%
2 Year-21.91%
3 Year58.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%3.67%
ATR Inc-4.2%
Range Today1.3
ADR(20)1.11
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.26
Mansfield-2.45
10 Day High35.55
10 Day Low30.42
20 Day High35.55
20 Day Low30.42
52 Week High63.69
52 Week Low26.64
CS1 End31.7
CR1 Start34.6
Volume & EV
DER(3)-1.1%
DER(5)-1.37%
Volume1.39M
Volume Incr-68.54%
Vol(5)973.66K
Vol(50)2.37M