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Technicals for GlaxoSmithKline Pharmaceuticals Limited
By MusingTheNews
2025-12-12 20:35
Overall Technical outlook
Price Summary
On 2025-12-11, GlaxoSmithKline Pharmaceuticals Limited's stock opened at 2592.0, peaked at 2635.0, hit a low of 2570.0, and closed 1.16% up at 2622.1, with 74828 shares changing hands. For the 52-week period, the stock's highest price is 3466.2, and the lowest price is 1956.2. The projected price range for GlaxoSmithKline Pharmaceuticals Limited is between 2500.0 and 3500.0, with an expected mean price of 3003.25, according to 4 analysts.
Technicals
Support and Resistance: The current price of 2622.1 for GLAXO finds support at 2588.7 and resistance at 2662.9. These levels define a range in which the price might oscillate, with 2588.7 as a potential support and 2662.9 as a resistance level. Support/Resistance for GLAXO
Aroon: The bullish trend in Aroon remains, with Aroon Up consistently at the 100 level. This points to sustained upward momentum, but the trend should be explored further alongside other indicators to better understand its implications. Aroon chart for GlaxoSmithKline Pharmaceuticals Limited
Bol. Bands: In the latest price action for GLAXO, the current price has surpassed the upper Bollinger Band, indicating a bullish breakout. This movement suggests that buying pressure has intensified, driving the price beyond its typical range. Traders often view this as a positive signal, suggesting that the market might continue to rise as momentum builds. Bolinger Bands chart for GlaxoSmithKline Pharmaceuticals Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that GlaxoSmithKline Pharmaceuticals Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for GlaxoSmithKline Pharmaceuticals Limited
Stochastic: The stochastic indicator reflects bullish conditions for GLAXO, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength. Stochastic chart for GlaxoSmithKline Pharmaceuticals Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for GlaxoSmithKline Pharmaceuticals Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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