GLOBAL-E ONLINE LTD (GLBE) Stock Technical Analysis
USA - NASDAQ:GLBE - IL0011741688 - Common Stock
35.35 USD
-1.07 (-2.94%)
34.96 USD
-0.39 (-1.1%)
Overall GLBE gets a technical rating of 5 out of 10. GLBE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, GLBE is a bad performer in the overall market: 71% of all stocks are doing better.
GLBE is part of the Broadline Retail industry. There are 30 other stocks in this industry, of which 72% are performing better than GLBE.
GLBE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
GLBE has an average volume of 1343370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month GLBE has a been trading in the 32.00 - 37.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, GLBE does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
28.84
38.04
5 important support areas can be observed.
- A support zone ranging from 34.70 to 35.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.83 to 32.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.34 to 31.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.59 to 30.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.13 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @36.02 from a trend line in the daily time frame.
- Resistance @36.84 from a horizontal line in the weekly time frame.
- Resistance @37.66 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for GLBE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLBE is neutral. |
| ChartMill Relative Strength | 29.56 | NEGATIVE | GLBE has a low relative strength, it was outperformed by 70.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLBE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLBE is above the rising 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) | 51.36 | NEUTRAL | The RSI value for GLBE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests GLBE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.03 | OVERBOUGHT | The high Stochastics value suggests GLBE may be overbought. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for GLBE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.7 | NEUTRAL | The ADX value for GLBE suggests a possible start of a new 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)
35.35
-1.07 (-2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-2.94%
1 Week-2.08%
2 Weeks3.03%
1 Month1.87%
3 Month1.87%
6 Month-6.56%
12 Month-11.74%
2 Year3.21%
3 Year63.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%3.49%
ATR Inc12.08%
Range Today1.11
ADR(20)1.18
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.56
3 months CRS50
6 months CRS19.47
Mansfield-2.12
10 Day High37.25
10 Day Low33.44
20 Day High37.25
20 Day Low32
52 Week High63.69
52 Week Low26.64
CS1 End35.26
CR1 Start36.02
Volume & EV
DER(3)-2.01%
DER(5)-4.88%
Volume1.33M
Volume Incr51.14%
Vol(5)1.66M
Vol(50)1.34M
GLOBAL-E ONLINE LTD / GLBE FAQ
Can you provide the ChartMill technical rating for GLOBAL-E ONLINE LTD?
ChartMill assigns a technical rating of 5 / 10 to GLBE.
Can you provide the trend direction for GLOBAL-E ONLINE LTD?
The current trend direction for GLOBAL-E ONLINE LTD (GLBE) is Bearish.
What is the RSI signal for GLOBAL-E ONLINE LTD (GLBE) stock?
GLOBAL-E ONLINE LTD (GLBE) has an RSI value of 51.3646. This indicates that the stock is currently neutral.
What is the MACD signal for GLOBAL-E ONLINE LTD (GLBE) stock?
The MACD indicator for GLOBAL-E ONLINE LTD (GLBE) has a value of 0.217088, indicating a bearish trend.