Technical analysis from Gleeson (GLE.L, LON:GLE) on the London Stock Exchange (LSE). Download the latest price data & trading signals

Gleeson
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The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -13%
Close Tod Vs Close Yest /
The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -13%

[BEARISH]: Gleesonsellers are keener than buyers and are driving the price down. This is the first day of price decline for GLE adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -4.8 & the greatest daily negative change this year has been -5.1. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -13%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -4.8%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -1.700000%

Sine Weighted Moving Average(5) signal is confirmed for Gleeson indicating downward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal is confirmed for Gleeson indicating downward price movement is likely

[BEARISH]: Gleeson currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -4.8%.

Elder Ray Index /
Prices are being driven above the consensus of value for GLE [Bullish]

[BEARISH]: Gleeson Elder Ray Index is signalling a Bearish movementERI is -19.853 indicating bear power. Prices are being driven below the consensus of value for GLE during the last trading session [Selling Pressure]

Price Range /
Range for GLE has surpassed the range of the previous trading session

GLE: Price Range Recent Trading -> (1) 24 May: 36 (2) 23 May: 24 (3) 22 May: 6

Woodie Pivot Point /
Gleeson has broken the first Woodie support point ($702) [Bearish]

Gleeson has broken the first Woodie support point ($702) [Bearish]. Look for a short limit order entry near this point. Exit price for GLE should be set @$693 & short position stoploss for Gleeson should be set at $765

Percentage Price /
Gleeson: Price Percentage Oscillator (0.197)

[BULLISH]: Gleeson currently has positive PPO 0.197%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

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Aroon Oscillator /
GLE: Aroon oscillator has confirmed a strong downtrend @-76

GLE: Aroon Oscillator Current Signal -> (1) 24 May: BEARISH STRONG (2) 23 May: BEARISH STRONG (3) 22 May: BEARISH STRONG

Accumulation / Distribution /
Recent trading signals Gleeson is being accumulated

[BULLISH]: Gleeson current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 489374.

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Price is now below the displaced moving average for GLE [Bearish]
Detrended Price Oscillator /
Price is now below the displaced moving average for GLE [Bearish]

[BEARISH]: Gleeson currently has a confirmed downtrend. Price is currently below the displaced moving average for GLE. Currently, the return on DPO20 is -4.8%.

Gleeson: Range Performance (50.0)
Range Tod Vs Range Yest /
Gleeson: Range Performance (50.0)

[BEARISH]: Gleeson sellers are increasingly eager. There has been 2 consecutive days of range increase for GLE adding strength to an uptrend in the first timeframe. The biggest price range this month has been $38.0000 & the greatest daily price range this year has been $144.0000. The price range ratio this week versus the quarterly price range is 0.9x & the price range ratio this month versus the year to date price range is 0.3x.

Closing Price /
Gleeson: Daily performance is -4.8 % [Downtrend]

[BEARISH]: Gleeson current downtrend in the first timeframe. Currently, the Close is $720.

MACD /
The MACD has now fallen below the signal line for GLE [Bearish Crossover]

GLE: MACD Current Signal -> (1) 24 May: BEARISH CROSSOVER (2) 23 May: BULLISH (3) 22 May: BULLISH

Volume rate of change(14) is increasing for Gleeson
Volume Rate of Change /
Volume rate of change(14) is increasing for Gleeson

[BULLISH]: Gleeson currently has positive volume of change of 329%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -4.8%.

Traders are currently accumulating Gleeson
On Balance Volume /
Traders are currently accumulating Gleeson

[BULLISH]: Gleeson current price has highlighted recent accumulation. Currently, the OBV is 440582.

Ulcer Index /
Ulcer index has reduced in stress level for GLE & low drawdown is expected

[BEARISH]: Gleeson UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.55.

Triangular Moving Average /
Price is now trading below the Triangular Moving Average(5) for GLE

[BEARISH]: Gleeson currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -4.8%.

Bill Williams Market Facilitation /
Market movement continuation likely for GLE as a result of Fake Day

Gleeson Currently is a confirmed Fake Day. MFI indicator is up, volume is down for GLE. Trend continuation possible for GLE from reduced trading activity.

14-day rate of change is now decreasing for Gleeson
Rate of Change /
14-day rate of change is now decreasing for Gleeson

[BEARISH CROSSOVER]: Gleeson currently has negative rate of change of -1.37%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

GLE: Over the last 12 months there has been 39 trading days with the opening price in the upper shadow & the closing the price in the lower shadow
Open Tod Vs Close Tod /
GLE: Over the last 12 months there has been 39 trading days with the opening price in the upper shadow & the closing the price in the lower shadow

[BEARISH STRONG]: Gleeson opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 39 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 14.8%. Over the last month there has been 2 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 12.5%.

Gleeson: Closing price $720 is below the SMA(5) @$742.8
Simple Moving Average /
Gleeson: Closing price $720 is below the SMA(5) @$742.8

[BEARISH]: Gleeson currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -4.8%.

Close Tod Vs Range Tod /
Gleeson: Sellers are in control at the market close.

GLE: Close versus price range Current Signal ->(1) 24 May: BEARISH (2) 23 May: BULLISH (3) 22 May: BEARISH

Elders Force Index /
Elders Force Index (143749) has signalled bullish conditions in recent trading for GLE

[BULLISH]: Gleeson current price has highlighted recent buying pressure. Currently, the Elders Force Index is 143749.

Stochastic Oscillator /
GLE: Price has just dropped below the Stochastic oversold limit @0

[BULLISH]: Gleeson is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Daily Volume Index /
Market conditions are indicating DVI accumulation is current for GLE

[BULLISH]: Gleeson current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 204.

Gleeson: Stoploss for short position should be set between $768 & $780
Pivot Points /
Gleeson: Stoploss for short position should be set between $768 & $780

Gleeson has broken the first support point ($708) [Bearish]. Look for a short limit order entry near this point. Exit price for GLE should be set @$696 & short position stoploss for Gleeson should be set between $768 & $780

Volume MACD for Gleeson continues to lose momentum @-2980
MACD Volume /
Volume MACD for Gleeson continues to lose momentum @-2980

[BEARISH]: Gleeson currently has negative Volume MACD of -2980. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Fibonacci Extensions /
Gleeson has broken above the 161.8% extension level ($113.2) [Bearish]

Gleeson has moved above the 161.8% level ($113.2) [Bearish]. Look for a short limit order entry near this point. Exit price for GLE should be set @$117.4 & short position stoploss for Gleeson should be set at $109

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