RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

TerraForm Global stock upgraded to Buy Candidate.
(Updated on Jan 16, 2018)

Buy or Hold candidate since Dec 06, 2017 Gain 2.42% PDF

No changes to the price of TerraForm Global stock on the last trading day (Tuesday, 16th Jan 2018). During the last trading day the stock fluctuated 0% from a day low at $5.07 to a day high of $5.07. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.56% during the next 3 months and, with a 90% probability hold a price between $5.12 and $5.51 at the end of this 3-month period.

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GLBL Signals & Forecast

The TerraForm Global stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $5.07 and $5.00. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, December 27, 2017, and so far it has fallen -0.588%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for TerraForm Global stock

TerraForm Global finds support from accumulated volume at $5.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $4.86 (-4.16%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (GLBL) For The Upcoming Trading Day Of Wednesday 17th

For the upcoming trading day on Wednesday, 17th we expect TerraForm Global to open at $5.07, and during the day (based on 14 day Average True Range), to move between $5.04 and $5.10, which gives a possible trading interval of +/-$0.0287 (+/-0.57%) up or down from last closing price. If TerraForm Global takes out the full calculated possible swing range there will be an estimated 1.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $5.08 (0.10%) than the support at $5.05 (0.39%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is TerraForm Global stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for TerraForm Global stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.248 Buy Candidate Upgraded

Predicted Opening Price for TerraForm Global of Wednesday, January 17, 2018

Fair opening price January 17, 2018 Current price
$5.07 ( 0%) $5.07

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GLBL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.07 .
R2 5.07 .
R1 5.07 .
Current price: 5.07
Support S1 5.07 .
S2 5.07 .
S3 5.07 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 5.10 0.592 %
R1 5.08 0.0986 %
Current price 5.07
Support S1 5.05 -0.394%
S2 4.75 -6.31%
S3 4.70 -7.30%

FAQ

What is the symbol for TerraForm Global Stock and on which exchange is it traded?
The symbol for TerraForm Global is GLBL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell TerraForm Global Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for TerraForm Global stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy TerraForm Global Stock?
TerraForm Global Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy TerraForm Global Stock.

What's the current price of TerraForm Global Stock?
As of the end of day on the 2018-01-16, the price of an TerraForm Global (GLBL) share was $5.07.

What is the 52-week high and low for TerraForm Global Stock?
The 52-week high for TerraForm Global Stock is $5.10 and the 52-week low is $3.95.
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About TerraForm Global

TerraForm Global Cartesian Growth Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or engaging in any other similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.... GLBL Profile

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