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(Glaxosmith) Glaxosmith complete technical analysis [charts+indicators] | Buy/Sell Glaxosmith | (Glaxosmith) share price targets

Complete technical analysis of Glaxosmith (Glaxosmith) by charts plus indicators, forecast predictions and share price targets for Glaxosmith (Glaxosmith)

10 day averaged volume of Glaxosmith is 4812

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1899.85	1900.15	1913.35	1880.00	0.537 times
15 Mon Apr 2024	1902.80	1825.05	1919.75	1825.05	1.583 times
12 Fri Apr 2024	1884.05	1891.95	1931.00	1875.00	0.977 times
10 Wed Apr 2024	1895.05	1913.00	1920.95	1892.00	0.889 times
09 Tue Apr 2024	1910.90	1958.60	1958.60	1904.00	0.434 times
08 Mon Apr 2024	1927.90	1946.95	1973.65	1922.55	1.262 times
05 Fri Apr 2024	1940.65	1942.75	1950.55	1919.00	1.134 times
04 Thu Apr 2024	1933.95	1987.95	1987.95	1930.05	1.097 times
03 Wed Apr 2024	1965.65	1970.50	1984.70	1946.30	0.452 times
02 Tue Apr 2024	1970.45	1995.70	2020.00	1966.10	0.715 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1903.4, but if it comes above 1903.4, then a intra day buy could be more profitable.
If you take a sell trade below 1903.4, then use 1903.4 as stoploss and 1860.6 as target. However if you take a buy trade in stock , then use 1903.4 as stoploss and 1938.95 as target.

Share price targets for Glaxosmith (Glaxosmith)

Target Type	Value
Downside Target	1664.75
Downside Target	1825.05
Downside Target	1872.15
Upside Target	1958.55
Upside Target	1985.55
Upside Target	2020.00
Upside Target	2037.85
Upside Target	2094.15
Upside Target	2199.65
Upside Target	2375.00
Upside Target	2649.95

Intraday share price targets for Glaxosmith (Glaxosmith)

Target Type	Value
Downside Intraday Target	1843.35
Downside Intraday Target	1786.85
Upside Intraday Target	1938.05
Upside Intraday Target	1976.25
Downside Intraday Target	1881.55

Weekly technical analysis of Glaxosmith (Glaxosmith)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1899.85	1825.05	1919.75	1825.05	0.595 times
12 Fri Apr 2024	1884.05	1946.95	1973.65	1875.00	0.734 times
05 Fri Apr 2024	1940.65	1941.15	2020.00	1919.00	0.594 times
28 Thu Mar 2024	1943.10	1950.15	1985.55	1872.15	1.073 times
22 Fri Mar 2024	1963.45	1908.60	2037.85	1908.60	0.68 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Glaxosmith (Glaxosmith)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1899.85	1941.15	2020.00	1825.05	0.304 times
28 Thu Mar 2024	1943.10	2199.65	2199.65	1872.15	0.559 times
29 Thu Feb 2024	2172.10	2259.85	2649.95	2094.15	0.746 times
31 Wed Jan 2024	2247.90	1925.45	2375.00	1907.35	2.562 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Glaxosmith (Glaxosmith)

Price action analysis of Glaxosmith ( (Glaxosmith) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Glaxosmith ( (Glaxosmith) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Glaxosmith ( (Glaxosmith) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Glaxosmith stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Glaxosmith in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glaxosmith Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Glaxosmith in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Glaxosmith is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1920.67 and Glaxosmith (Glaxosmith) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Glaxosmith (Glaxosmith) stock. Volume based technical analysis of Glaxosmith (Glaxosmith) stock is negative.

Glaxosmith Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.