GLENCORE PLC (GLEN.L)
JE00B4T3BW64 - Common Stock
Taking everything into account, GLEN scores 8 out of 10 in our technical rating. Although GLEN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
GLEN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GLEN is performing more or less in line with the market.
In the last month GLEN has a been trading in the 413.40 - 488.20 range, which is quite wide. It is currently trading near the high of this range.
GLEN has an average volume of 12605600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, GLEN outperforms 56% of them, which is more or less in line with the market.
Although GLEN has an excellent technical rating, the quality of the presented setup is not ideal 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
411.63
490.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 465.41 to 472.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 415.79 to 416.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 482.05 to 485.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.54
Mansfield-0.24
10 Day High488.2
10 Day Low457.65
20 Day High488.2
20 Day Low413.4
52 Week High492
52 Week Low365.45
Performance
1 Week1.04%
2 Weeks3.17%
1 Month11.89%
3 Month14.62%
6 Month8.6%
12 Month-3.68%
2 Year-4.92%
3 Year60.18%
5 Year55.36%
10 Year48.46%
15 Year-22.16%
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)
Technical Indicators
MACD(12,26,9)0.96
RSI(14)64.23
LBB431.24
UBB492.7
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 |
|---|---|---|---|
| 485.17 | 465.40 | 19.77 (4.07%) | 24.54% |
| An entry @485.17. This is a Buy Stop order right above the resistance zone. | An exit @465.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 19.77 points, which is 4.07%. | For a 1.00% total portfolio risk, you can invest 24.54% 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.
GLENCORE PLC
LON:GLEN (4/17/2024, 5:35:31 PM)
472.85
+6.25 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.34%
1 Week1.04%
2 Weeks3.17%
1 Month11.89%
3 Month14.62%
6 Month8.6%
12 Month-3.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)12.67
ATR(20)%2.52%
ATR Inc
Range Today15.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High488.2
10 Day Low457.65
20 Day High488.2
20 Day Low413.4
52 Week High492
52 Week Low365.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.17M
Volume Incr14.98%
Vol(5)13.17M
Vol(50)12.61M