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Technicals for GlaxoSmithKline Pharmaceuticals Limited
By MusingTheNews
2025-07-16 20:34
Overall Technical outlook
Price Summary
GlaxoSmithKline Pharmaceuticals Limited's stock, on 2025-07-16 opened at 3198.0, climbed to a high of 3200.5, dropped to a low of 3153.9, and closed up -0.95% at 3167.6, with 45789 shares traded. The stock reached its highest price of 3466.2 and lowest price of 1956.2 over the last 52 weeks. The future price of GLAXO is anticipated to range from 2600.0 to 3500.0, with an expected mean price of 3072.0, according to the recommendations of 4 analysts.
Technicals
Support and Resistance: At 3167.6, the price is supported by 2906.8 and resisted by 3348.2. This indicates that the price for GlaxoSmithKline Pharmaceuticals Limited might fluctuate between these levels, with 2906.8 acting as a support and 3348.2 limiting further upward movement. Support/Resistance for GLAXO
Aroon: The persistent bearish trend in Aroon, with Aroon Down still at the 100 level, suggests continued weakness. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. Aroon chart for GlaxoSmithKline Pharmaceuticals Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for GlaxoSmithKline Pharmaceuticals Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for GlaxoSmithKline Pharmaceuticals Limited
Stochastic: The Stochastic K-line for GLAXO is now below the D-line and under 20, reflecting a mildly bearish signal. This suggests that the market could see some downside pressure, but the bearish sentiment is not yet dominant. Traders should be aware of this and monitor the situation closely. Stochastic chart for GlaxoSmithKline Pharmaceuticals Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for GlaxoSmithKline Pharmaceuticals Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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