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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 7207

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	2745.40	2770.05	2806.80	2735.20	0.701 times
29 Thu Aug 2024	2769.40	2818.80	2818.80	2760.05	0.501 times
28 Wed Aug 2024	2803.95	2874.00	2896.00	2787.30	0.787 times
27 Tue Aug 2024	2874.50	2959.75	2959.75	2866.10	0.553 times
26 Mon Aug 2024	2905.35	2959.95	3027.00	2897.50	1.14 times
23 Fri Aug 2024	2944.20	2929.05	2958.20	2897.00	0.73 times
22 Thu Aug 2024	2914.10	3087.95	3087.95	2905.90	1.62 times
21 Wed Aug 2024	3059.30	2920.00	3085.90	2913.20	2.584 times
20 Tue Aug 2024	2894.30	2890.15	2934.30	2859.85	0.65 times
19 Mon Aug 2024	2930.20	2965.05	2965.05	2906.65	0.775 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2788.4, but if it comes above 2788.4, then a intra day buy could be more profitable.
If you take a sell trade below 2788.4, then use 2788.4 as stoploss and 2700.9 as target. However if you take a buy trade in stock , then use 2788.4 as stoploss and 2861.33 as target.

Share price targets for Glaxosmith (Glaxosmith)

Target Type	Value
Downside Target	1825.05
Downside Target	1965.00
Downside Target	2163.60
Downside Target	2239.35
Downside Target	2502.60
Downside Target	2652.15
Upside Target	2815.60
Upside Target	2859.95
Upside Target	2940.00
Upside Target	2965.00
Upside Target	3027.00
Upside Target	3087.95

Intraday share price targets for Glaxosmith (Glaxosmith)

Target Type	Value
Downside Intraday Target	2644.73
Downside Intraday Target	2544.07
Upside Intraday Target	2936.53
Upside Intraday Target	3127.67
Upside Intraday Target	2835.87

Weekly technical analysis of Glaxosmith (Glaxosmith)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	2745.40	2959.95	3027.00	2735.20	0.579 times
23 Fri Aug 2024	2944.20	2965.05	3087.95	2859.85	2.421 times
16 Fri Aug 2024	2906.15	2929.00	2965.00	2815.60	0.398 times
09 Fri Aug 2024	2878.40	2750.05	2940.00	2732.35	1.466 times
02 Fri Aug 2024	2824.45	2700.00	2859.95	2690.00	0.689 times

Price has moved down 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
30 Fri Aug 2024	2745.40	2695.10	3087.95	2695.10	1.006 times
31 Wed Jul 2024	2732.75	2661.00	2825.15	2502.60	0.682 times
28 Fri Jun 2024	2652.30	2649.90	2722.35	2239.35	0.798 times
31 Fri May 2024	2630.60	2095.15	2652.15	1965.00	2.385 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Glaxosmith stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Glaxosmith Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Glaxosmith in short term and SELL signal is strong!

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 2922.81 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 positive

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