GLOBAL ENGINE GROUP HOLDIN-A (GLE) Stock Technical Analysis
NASDAQ:GLE - Nasdaq - VGG397111094 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GLE. GLE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, GLE is a bad performer in the overall market: 100% of all stocks are doing better.
GLE is one of the lesser performing stocks in the IT Services industry. 91% of 82 stocks in the same industry do better.
In the last month GLE has a been trading in the 1.30 - 3.42 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
GLE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for GLE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.29
2.79
2 important support areas can be observed.
- Support @1.33 from a horizontal line in the daily time frame.
- Support @1.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.76 from a trend 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 GLE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40.57 | NEUTRAL | The RSI value for GLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GLE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.01 | OVERSOLD | The low Stochastics value suggests GLE may be oversold. |
| Average True Range in percent/ATR (20) | 33.57 | HIGH VOLATILITY | The high ATR as a percentage value for GLE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for GLE 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)
NASDAQ:GLE (6/18/2025, 3:57:03 PM)
1.47
+0.04 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg2.8%
1 Week-11.18%
2 Weeks-45.63%
1 Month-23.94%
3 Month-31.58%
6 Month-15.38%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%33.57%
ATR Inc-3.25%
Range Today0.2
ADR(20)0.47
ADR(20)%31.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.7
10 Day Low1.3
20 Day High3.42
20 Day Low1.3
52 Week HighN/A
52 Week LowN/A
CS1 End1.33
CR1 Start2.76
Volume & EV
DER(3)9.9%
DER(5)12.36%
Volume199.07K
Volume Incr-5.57%
Vol(5)342.42K
Vol(50)181.38K