Technical Analysis for GSK - GlaxoSmithKline PLC

Grade Last Price % Change Price Change
D 38.38 -0.31% -0.12
GSK closed down 0.31 percent on Monday, July 1, 2024, on 74 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Calm After Storm Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Resistance Bearish -0.31%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 6 hours ago
200 DMA Resistance about 10 hours ago
1.5x Volume Pace about 10 hours ago
Rose Above Previous Day's High about 10 hours ago
Rose Above 200 DMA about 10 hours ago

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Profile

GlaxoSmithKline PLC Description

GlaxoSmithKline plc, together with its subsidiaries, discovers, develops, manufactures, and markets pharmaceutical products, over-the-counter medicines, and health-related consumer products worldwide. It offers pharmaceutical products in various therapeutic areas comprising respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, antibacterials, oncology and emesis, dermatology, rare diseases, immuno-inflammation, vaccines, and HIV. The company provides prescription medicines to treat a range of conditions, including infections, depression, skin conditions, asthma, heart and circulatory disease, and cancer. It also produces paediatric and adult vaccines to prevent a range of infectious diseases, including hepatitis A and B; diphtheria, tetanus, and whooping cough; measles, mumps, and rubella; polio; typhoid; influenza; and bacterial meningitis. In addition, it provides consumer health products in oral care, nutritional, total wellness, and skin health areas. The company's total wellness products include Panadol for the treatment of paracetamol-based treatment of headache and joint pain, fever, and cold symptoms; NicoDerm, NiQuitin CQ, and Nicabate for the treatment of nicotine withdrawal as an aid to quitting smoking; ENO Tums, a rapid relief antacid; and oral care products comprise Sensodyne for the prevention of dental sensitivity; Polident, Poligrip, and Corega to improve comfort of fitted dentures and to clean dentures; Aquafresh for the prevention of caries, gum disease, and bad breath; and Parodontax to help stop bleeding gums and gum health. Its nutrition products include Lucozade for energy and hydration; and Horlicks and Maxinutrition for nutrition; and skin health products comprise Physiogel, a face and body care product for dry, sensitive, and irritated skin, and Oilatum, a soothing treatment for eczema and dry skin conditions. The company was founded in 1935 and is headquartered in Brentford, the United Kingdom.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Major
Keywords: Medicine Cancer Pharmaceutical Acid Drugs Infectious Diseases Medication Pharmaceutical Products Inflammation Rare Diseases Infection Antibiotics Health Products Dermatology Influenza Asthma Depression HIV Nutrition Products Smoking Wellness Products Cough Fever Smoking Cessation Headache Nicotine Oral Care Products Body Care Products Meningitis Antacid Eczema Measles Paracetamol Preventive Healthcare Consumer Health Products Hepatitis A Joint Pain

Is GSK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 45.795
52 Week Low 32.435
Average Volume 3,878,943
200-Day Moving Average 39.02
50-Day Moving Average 42.22
20-Day Moving Average 40.51
10-Day Moving Average 39.81
Average True Range 0.71
RSI (14) 24.81
ADX 33.67
+DI 17.04
-DI 43.99
Chandelier Exit (Long, 3 ATRs) 42.88
Chandelier Exit (Short, 3 ATRs) 40.33
Upper Bollinger Bands 42.58
Lower Bollinger Band 38.45
Percent B (%b) -0.02
BandWidth 10.18
MACD Line -1.09
MACD Signal Line -0.84
MACD Histogram -0.2478
Fundamentals Value
Market Cap 77.88 Billion
Num Shares 2.03 Billion
EPS 3.03
Price-to-Earnings (P/E) Ratio 12.67
Price-to-Sales 2.76
Price-to-Book 5.05
PEG Ratio 1.31
Dividend 0.58
Dividend Yield 1.51%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.51
Resistance 3 (R3) 39.62 39.34 39.32
Resistance 2 (R2) 39.34 39.05 39.29 39.26
Resistance 1 (R1) 38.86 38.87 38.72 38.76 39.20
Pivot Point 38.59 38.59 38.52 38.53 38.59
Support 1 (S1) 38.11 38.30 37.97 38.00 37.56
Support 2 (S2) 37.83 38.12 37.78 37.50
Support 3 (S3) 37.35 37.83 37.44
Support 4 (S4) 37.25