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SOCIETE GENERALE SA (GLE.PA) Stock Technical Analysis

EPA:GLE - Euronext Paris - Matif - FR0000130809 - Common Stock - Currency: EUR

48.36  +0.65 (+1.36%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GLE. 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.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GLE did better than 97% of all other stocks.
GLE is part of the Banks industry. There are 92 other stocks in this industry. GLE outperforms 94% of them.
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.
GLE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GLE has an average volume of 3416630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
SOCIETE GENERALE SA / GLE Weekly stock chart
SOCIETE GENERALE SA / GLE Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, GLE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 47.70, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

20.52

49.88

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 47.56 to 48.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 37.76 to 37.87. 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.

  • Resistance @49.39 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for GLE.PA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for GLE.PA is up.
ChartMill Relative Strength97.51POSITIVEGLE.PA has a high relative strength, it outperformed 97.51% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of GLE.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of GLE.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of GLE.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)59.32NEUTRALThe RSI value for GLE.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.26NEGATIVEThe MACD value suggests GLE.PA has a negative trend.
Stochastics (14,3)63.67NEUTRALThe Stochastics value for GLE.PA is a neutral value.
Average True Range in percent/ATR (20)2.49MEDIUM VOLATILITYThe ATR as a percentage value for GLE.PA suggests some volalility.
Average Directional Index/ADX (14)28.15POSITIVEThe high ADX value value for GLE.PA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
49.4047.551.85 (3.74%)25.00%
An entry @49.40. This is a Buy Stop order right above the resistance zone.An exit @47.55. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.85 points, which is 3.74%.For a 0.94% total portfolio risk, you can invest 25.00% 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.
SOCIETE GENERALE SA / GLE Daily stock chart

SOCIETE GENERALE SA

EPA:GLE (5/29/2025, 5:01:18 PM)

48.36

+0.65 (+1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.36%
1 Week-3.38%
2 Weeks-0.75%
1 Month8.56%
3 Month21.38%
6 Month90.12%
12 Month74.19%
2 Year120.57%
3 Year90.8%
5 Year260.56%
10 Year12.19%
15 Year36.12%
Volatility
ATR(14)1.06
ATR(20)%2.49%
ATR Inc-22.48%
Range Today0.95
ADR(20)1.17
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.51
Mansfield5.38
10 Day High49.73
10 Day Low46.09
20 Day High49.73
20 Day Low43.35
52 Week High49.73
52 Week Low19.37
CS1 End47.7
CR1 Start49.39
Volume & EV
DER(3)-1.02%
DER(5)0.02%
Volume480.82K
Volume Incr-12.19%
Vol(5)2.50M
Vol(50)3.42M