Global Graphics S.A. (GLOG.BR) Technical Analysis
EBR:GLOG • GB00BYN5BY03
Current stock price
GLOG.BR Technical Rating and Analysis
Overall GLOG gets a technical rating of 4 out of 10. In the last year, GLOG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month GLOG has a been trading in the 4.80 - 5.20 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: GLOG has an average volume of 3395 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- GLOG is one of the better performing stocks in the Software industry, it outperforms 89% of 112 stocks in the same industry.
- GLOG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GLOG is lagging the market slightly.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, GLOG outperforms 68% of them, which is more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
GLOG.BR Weekly and Daily overview Charts
GLOG.BR Setup Rating and Analysis
GLOG has an average technical rating and the quality of the presented setup is also 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
GLOG.BR Support and Resistance Analysis
3.59
5 important support areas can be observed.
- A support zone ranging from 4.84 to 4.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.70 to 4.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 4.52 to 4.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.03 from a trend line in the weekly time frame.
- Support @3.63 from a trend line in the weekly time frame.
GLOG.BR 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 GLOG.BR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLOG.BR is down. |
| ChartMill Relative Strength | 68.6 | NEUTRAL | GLOG.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLOG.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLOG.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLOG.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.92 | NEUTRAL | The RSI value for GLOG.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GLOG.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.88 | OVERSOLD | The low Stochastics value suggests GLOG.BR may be oversold. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for GLOG.BR suggests some volalility. |
GLOG.BR Chart- and CandleStick Pattern Analysis
GLOG.BR Technicals: Chart, Performance Metrics, Trend & Indicators
EBR:GLOG (10/19/2021, 7:00:00 PM)
4.9
+0.04 (+0.82%)
Global Graphics S.A. / GLOG.BR TA FAQ
What is the ChartMill technical rating of Global Graphics S.A. (GLOG.BR) stock?
ChartMill assigns a technical rating of 4 / 10 to GLOG.BR.
What is the trend direction for GLOG stock?
The current trend direction for Global Graphics S.A. (GLOG.BR) is Bullish.
Can you provide the RSI signal for Global Graphics S.A.?
Global Graphics S.A. (GLOG.BR) has an RSI value of 48.9194. This indicates that the stock is currently neutral.
What is the MACD signal for GLOG stock?
The MACD indicator for Global Graphics S.A. (GLOG.BR) has a value of -0.0216177, indicating a bearish trend.
What is the short term momentum for GLOG stock?
The short term momentum for Global Graphics S.A. (GLOG.BR) is negative.