SOCIETE GENERALE SA (GLE.PA) Stock Technical Analysis
EPA:GLE - Euronext Paris - Matif - FR0000130809 - Common Stock - Currency: EUR
Taking everything into account, GLE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GLE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GLE did better than 98% of all other stocks. On top of that, GLE also shows a nice and consistent pattern of rising prices.
GLE is one of the better performing stocks in the Banks industry, it outperforms 100% of 96 stocks in the same industry.
GLE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GLE is leading the market.
In the last month GLE has a been trading in the 46.09 - 50.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GLE has an average volume of 2763170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, GLE also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 49.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.70, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.52
50.51
We found 3 important support areas.
- A support zone ranging from 47.60 to 48.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.11 to 39.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.73 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.35 to 50.01. 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 GLE.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLE.PA is up. |
| ChartMill Relative Strength | 98.39 | POSITIVE | GLE.PA has a high relative strength, it outperformed 98.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GLE.PA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLE.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLE.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.12 | NEUTRAL | The RSI value for GLE.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests GLE.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.79 | NEUTRAL | The Stochastics value for GLE.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for GLE.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for GLE.PA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.02 | 47.59 | 2.43 (4.86%) | 20.58% |
| An entry @50.02. This is a Buy Stop order right above the resistance zone. | An exit @47.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.43 points, which is 4.86%. | For a 1.00% total portfolio risk, you can invest 20.58% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:GLE (6/18/2025, 5:36:15 PM)
48.82
+0.79 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.64%
1 Week1.69%
2 Weeks2.11%
1 Month-1.13%
3 Month15.28%
6 Month82.95%
12 Month120.91%
2 Year105.13%
3 Year133.7%
5 Year229.87%
10 Year16.6%
15 Year42.33%
Volatility
ATR(14)1.22
ATR(20)%2.62%
ATR Inc25.93%
Range Today0.85
ADR(20)1.23
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.39
Mansfield4.86
10 Day High50
10 Day Low47.1
20 Day High50
20 Day Low46.09
52 Week High50
52 Week Low19.37
CS1 End48.7
CR1 Start49.35
Volume & EV
DER(3)0.23%
DER(5)-0.17%
Volume822.72K
Volume Incr0.28%
Vol(5)2.21M
Vol(50)2.76M