GLENCORE PLC (GLEN.L) Technical Analysis

LON:GLEN • JE00B4T3BW64

Current stock price

519.05 GBX
-1.05 (-0.2%)
Last:

GLEN.L Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GLEN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLEN is showing a nice and steady performance.

  • The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
  • Looking at the yearly performance, GLEN did better than 94% of all other stocks. We also observe that the gains produced by GLEN over the past year are nicely spread over this period.
  • GLEN 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 GLEN is leading the market.
  • In the last month GLEN has a been trading in the 486.55 - 539.60 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.
  • GLEN has an average volume of 17245100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

GLEN.L Weekly and Daily overview Charts

GLENCORE PLC / GLEN Weekly stock chart
GLENCORE PLC / GLEN Daily stock chart

GLEN.L Setup Rating and Analysis

8

GLEN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 534.01. Right above this resistance zone may be a good entry point.

GLEN.L Support and Resistance Analysis

347.03

539.86

When analyzing the support we can see 4 important areas.

  • Support @515.56 from a trend line in the daily time frame.
  • A support zone ranging from 475.24 to 481.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 405.81 to 409.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @350.54 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 534.01 to 534.51. This zone is formed by a combination of multiple trend lines in multiple time frames.

GLEN.L 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 GLEN.L is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for GLEN.L is neutral.
ChartMill Relative Strength94.54POSITIVEGLEN.L has a high relative strength, it outperformed 94.54% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of GLEN.L is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of GLEN.L is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of GLEN.L is above the rising SMA(200).
Relative Strength Index/RSI (14)53.98NEUTRALThe RSI value for GLEN.L is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.81NEGATIVEThe MACD value suggests GLEN.L has a negative trend.
Stochastics (14,3)65.93NEUTRALThe Stochastics value for GLEN.L is a neutral value.
Average True Range in percent/ATR (20)3.44MEDIUM VOLATILITYThe ATR as a percentage value for GLEN.L suggests some volalility.
Average Directional Index/ADX (14)11.34NEGATIVEThe low ADX value for GLEN.L suggests a weak or negative trend.

GLEN.L 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)

GLEN.L 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
534.52515.5518.97 (3.55%)25.00%
An entry @534.52. This is a Buy Stop order right above the resistance zone.An exit @515.55. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 18.97 points, which is 3.55%.For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of GLEN. Please evaluate whether better entry and exit points can be found.
  • 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.

GLEN.L Technicals: Chart, Performance Metrics, Trend & Indicators

GLENCORE PLC / GLEN Daily stock chart

GLENCORE PLC

LON:GLEN (3/23/2026, 12:16:19 PM)

519.05

-1.05 (-0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.2%
1 Week0.33%
2 Weeks3.44%
1 Month2.99%
3 Month33.51%
6 Month66.19%
12 Month73.83%
2 Year19.48%
3 Year11.95%
5 Year82.97%
10 Year230.64%
15 Year-64.3%
Volatility
ATR(14)19.27
ATR(20)%3.44%
ATR Inc18.96%
Range Today25.88
ADR(20)16.01
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.54
3 months CRS94.95
6 months CRS97.49
Mansfield4.62
10 Day High535.9
10 Day Low486.55
20 Day High539.6
20 Day Low486.55
52 Week High539.6
52 Week Low210.1
CS1 End515.56
CR1 Start534.01
Volume & EV
DER(3)-3.53%
DER(5)-0.99%
Volume8.70M
Volume Incr24.98%
Vol(5)17.34M
Vol(50)17.25M

GLENCORE PLC / GLEN.L TA FAQ

What is the ChartMill technical rating of GLENCORE PLC (GLEN.L) stock?

ChartMill assigns a technical rating of 10 / 10 to GLEN.L.


What is the trend direction for GLEN stock?

The current trend direction for GLENCORE PLC (GLEN.L) is Bullish.


What is the RSI signal for GLEN stock?

GLENCORE PLC (GLEN.L) has an RSI value of 53.984. This indicates that the stock is currently neutral.


What is the MACD signal for GLEN stock?

The MACD indicator for GLENCORE PLC (GLEN.L) has a value of -1.81313, indicating a bearish trend.