SOCIETE GENERALE SA (GLE.PA) Stock Technical Analysis
EPA:GLE - Euronext Paris - Matif - FR0000130809 - Common Stock - Currency: EUR
Overall GLE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLE is showing a nice and steady performance.
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 95% 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 3420140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GLE has an excellent technical rating, but the quality of the setup is only medium 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
20.52
49.88
We found 3 important support areas.
- A support zone ranging from 47.37 to 47.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.65 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.33 to 49.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 97.67 | POSITIVE | GLE.PA has a high relative strength, it outperformed 97.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLE.PA is above the rising 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) | 63.34 | NEUTRAL | The RSI value for GLE.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests GLE.PA has a negative trend. |
| Stochastics (14,3) | 70.24 | NEUTRAL | The Stochastics value for GLE.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for GLE.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 30 | POSITIVE | The high ADX value value for GLE.PA suggests a strong 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 |
|---|---|---|---|
| 49.74 | 47.95 | 1.79 (3.60%) | 25.00% |
| An entry @49.74. This is a Buy Stop order right above the 10 day high. | An exit @47.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.79 points, which is 3.60%. | For a 0.90% 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.
EPA:GLE (5/27/2025, 5:36:15 PM)
48.27
-0.48 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.98%
1 Week-1.97%
2 Weeks2.22%
1 Month11.43%
3 Month22.81%
6 Month92.35%
12 Month76.23%
2 Year123.16%
3 Year93.04%
5 Year264.8%
10 Year13.51%
15 Year37.72%
Volatility
ATR(14)1.06
ATR(20)%2.46%
ATR Inc-28.5%
Range Today0.56
ADR(20)1.16
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.67
Mansfield5.47
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 End48.51
CR1 StartN/A
Volume & EV
DER(3)-3.12%
DER(5)-1.06%
Volume717.68K
Volume Incr-14.12%
Vol(5)2.43M
Vol(50)3.42M