
GLENCORE PLC (GLEN.L) Technical Analysis
LON:GLEN • JE00B4T3BW64
Current stock price
GLEN.L Technical Rating and Analysis
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
GLEN.L Setup Rating and Analysis
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.
More info and screens
GLEN.L Support and Resistance Analysis
347.03
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.
| 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 | NEUTRAL | NEUTRAL | The short term trend for GLEN.L is neutral. |
| ChartMill Relative Strength | 94.54 | POSITIVE | GLEN.L has a high relative strength, it outperformed 94.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GLEN.L is below 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) | UP | POSITIVE | The current price of GLEN.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.98 | NEUTRAL | The RSI value for GLEN.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.81 | NEGATIVE | The MACD value suggests GLEN.L has a negative trend. |
| Stochastics (14,3) | 65.93 | NEUTRAL | The Stochastics value for GLEN.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for GLEN.L suggests some volalility. |
| Average Directional Index/ADX (14) | 11.34 | NEGATIVE | The low ADX value for GLEN.L suggests a weak or negative trend. |
GLEN.L Chart- and CandleStick Pattern Analysis
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 534.52 | 515.55 | 18.97 (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
LON:GLEN (3/23/2026, 12:16:19 PM)
519.05
-1.05 (-0.2%)
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.