GLATFELTER CORP (GLT)

US3773201062 - Common Stock

1.66  +0.01 (+0.61%)

After market: 1.65 -0.01 (-0.6%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to GLT. GLT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GLT is a bad performer in the overall market: 86% of all stocks are doing better.
GLT is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, of which 87% are performing better than GLT.
GLT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GLT has a been trading in the 1.48 - 1.85 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
GLT Weekly chart
GLT Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, GLT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.66, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

1.42

2.65

We found 6 important support areas.

  • A support zone ranging from 1.63 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.59 from a horizontal line in the daily time frame.
  • Support @1.56 from a trend line in the weekly time frame.
  • Support @1.52 from a trend line in the daily time frame.
  • Support @1.49 from a horizontal line in the weekly time frame.
  • Support @1.43 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 1.67 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.82 to 1.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.93 from a trend line in the weekly time frame.
  • Resistance @2.62 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.55
Mansfield-2.58
10 Day High1.74
10 Day Low1.48
20 Day High1.85
20 Day Low1.48
52 Week High3.71
52 Week Low1.25
Performance
1 Week1.22%
2 Weeks-0.6%
1 Month-4.05%
3 Month-5.68%
6 Month-11.23%
12 Month-44.85%
2 Year-75.87%
3 Year-88.12%
5 Year-90.17%
10 Year-93.74%
15 Year-81.35%
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
RSI(14)51.4
LBB1.58
UBB1.68
GLT Daily chart

GLATFELTER CORP

NYSE:GLT (6/21/2024, 7:04:01 PM)

After market: 1.65 -0.01 (-0.6%)

1.66

+0.01 (+0.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.61%
1 Week1.22%
2 Weeks-0.6%
1 Month-4.05%
3 Month-5.68%
6 Month-11.23%
12 Month-44.85%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%6.43%
ATR Inc
Range Today0.21
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 High1.74
10 Day Low1.48
20 Day High1.85
20 Day Low1.48
52 Week High3.71
52 Week Low1.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume371.70K
Volume Incr7.1%
Vol(5)206.98K
Vol(50)235.46K