Overall GLE gets a technical rating of 0 out of 10. GLE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GLE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.37
We can see 3 important resistance areas.
- Resistance @0.46 from a trend line in the daily time frame.
- Resistance @0.58 from a trend line in the daily time frame.
- Resistance @0.89 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 | DOWN | NEGATIVE | The long term trend for GLE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLE is down. |
| ChartMill Relative Strength | 3.28 | NEGATIVE | GLE has a low relative strength, it was outperformed by 96.72% 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.86 | NEUTRAL | The RSI value for GLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GLE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.95 | NEUTRAL | The Stochastics value for GLE is a neutral value. |
| Average True Range in percent/ATR (20) | 14.38 | HIGH VOLATILITY | The high ATR as a percentage value for GLE suggests high volalility. |
| Average Directional Index/ADX (14) | 15.39 | NEGATIVE | The low ADX value for GLE suggests a weak or negative trend. |
0.3786
0 (-0.99%)
GLOBAL ENGINE GROUP HOLDIN-A / GLE FAQ
What is the ChartMill technical rating of GLOBAL ENGINE GROUP HOLDIN-A (GLE) stock?
ChartMill assigns a technical rating of 0 / 10 to GLE.
Can you provide the trend direction for GLOBAL ENGINE GROUP HOLDIN-A?
The current trend direction for GLOBAL ENGINE GROUP HOLDIN-A (GLE) is Bearish.
What is the RSI signal for GLOBAL ENGINE GROUP HOLDIN-A (GLE) stock?
GLOBAL ENGINE GROUP HOLDIN-A (GLE) has an RSI value of 41.8571. This indicates that the stock is currently neutral.
What is the MACD signal for GLOBAL ENGINE GROUP HOLDIN-A (GLE) stock?
The MACD indicator for GLOBAL ENGINE GROUP HOLDIN-A (GLE) has a value of -0.00395652, indicating a bearish trend.
What are the support and resistance levels for GLOBAL ENGINE GROUP HOLDIN-A (GLE) stock?
GLOBAL ENGINE GROUP HOLDIN-A (GLE) has a resistance level at 0.46. Check the full technical report for our detailed analysis of GLE support and resistance levels.