GLENCORE PLC (GLEN.L) Stock Technical Analysis
Europe - LON:GLEN - 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.
Besides having an excellent technical rating, GLEN also presents 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. There is a support zone below the current price at 359.75, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
306.53
3 important support areas can be observed.
- A support zone ranging from 353.68 to 364.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 334.50 to 340.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 309.63 to 310.88. This zone is formed by a combination of multiple trend lines 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 GLEN.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLEN.L is up. |
| ChartMill Relative Strength | 48.11 | NEUTRAL | GLEN.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLEN.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLEN.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GLEN.L is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.99 | NEUTRAL | The RSI value for GLEN.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests GLEN.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.36 | NEUTRAL | The Stochastics value for GLEN.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for GLEN.L suggests some volalility. |
| Average Directional Index/ADX (14) | 27.17 | POSITIVE | The high ADX value value for GLEN.L suggests a strong trend. |
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 |
|---|---|---|---|
| 364.47 | 353.67 | 10.80 (2.96%) | 25.00% |
| An entry @364.47. This is a Buy Stop order right above the resistance zone. | An exit @353.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 10.80 points, which is 2.96%. | For a 0.74% 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.
LON:GLEN (11/11/2025, 9:37:11 AM)
367.35
+4.55 (+1.25%)
GLENCORE PLC / GLEN.L FAQ
What is the ChartMill technical rating of GLENCORE PLC (GLEN.L) stock?
ChartMill assigns a technical rating of 8 / 10 to GLEN.L.
What is the current trend direction of GLENCORE PLC (GLEN.L) 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 59.9857. This indicates that the stock is currently neutral.
What is the buy/sell signal for GLENCORE PLC (GLEN.L) stock?
The buy/sell signal for GLENCORE PLC (GLEN.L) is buy as both the short term and long term trends are positive.
What is the support and resistance level for GLEN stock?
GLENCORE PLC (GLEN.L) has a support level at 359.75 and a resistance level at 364.46. Check the full technical report for our detailed analysis of GLEN.L support and resistance levels.