GlaxoSmithKline PLC Stock Forecast - Price Action Indicator

<div class='circular--portrait' style='background:#754DEB;color: #F0FFF0;font-size:4em;padding-top: 25px;;'>GP</div>
GSK -- USA Stock  

Report: 22nd of July 2020  

GlaxoSmithKline PLC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast GlaxoSmithKline PLC historical stock prices and determine the direction of GlaxoSmithKline PLC's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of GlaxoSmithKline PLC historical fundamentals such as revenue growth or operating cash flow patterns. Although GlaxoSmithKline PLC naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of GlaxoSmithKline PLC systematic risk associated with finding meaningful patterns of GlaxoSmithKline PLC fundamentals over time. Please check Historical Fundamental Analysis of GlaxoSmithKline PLC to cross-verify your projections.

Search Stock Forecast

GlaxoSmithKline PLC Asset Turnover is decreasing as compared to previous years. The last year's value of Asset Turnover was reported at 0.49. The current Weighted Average Shares is estimated to increase to about 5.9 B. The current Weighted Average Shares Diluted is estimated to increase to about 5.5 B.
GlaxoSmithKline PLC has current Price Action Indicator of (0.08). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
  Previous Price Action IndicatorPrice Action IndicatorTrend
Check GlaxoSmithKline PLC Volatility | Backtest GlaxoSmithKline PLC | Information Ratio  

GlaxoSmithKline PLC Trading Date Momentum

On July 11 2020 GlaxoSmithKline PLC was traded for  39.91  at the closing time. Highest GlaxoSmithKline PLC's price during the trading hours was 40.17  and the lowest price during the day was  39.35 . The net volume was 3.4 M. The overall trading history on the 11th of July 2020 did not cause price change. The overall trading delta to current price is 0.40% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare GlaxoSmithKline PLC to competition

Other Forecasting Options for GlaxoSmithKline PLC

View Currently Related Equities

GlaxoSmithKline PLC Technical and Predictive Analytics

GlaxoSmithKline PLC Market Strength Events

Volatility Measures

GlaxoSmithKline PLC Risk Indicators

Did you try this?

Run Pattern Recognition Now


Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Historical Fundamental Analysis of GlaxoSmithKline PLC to cross-verify your projections. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page