RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GLNCY
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for Glencore International PLC, St. Helier
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.55% PDF

The Glencore International PLC, St. Helier stock price gained 0.551% on the last trading day (Thursday, 28th Mar 2024), rising from $10.89 to $10.95. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.640% from a day low at $10.93 to a day high of $11.00. The price has risen in 6 of the last 10 days and is up by 3.3% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 519 thousand shares were bought and sold for approximately $5.69 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current short-term trend, the stock is expected to fall -8.78% during the next 3 months and, with a 90% probability hold a price between $8.12 and $9.99 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

GLNCY Signals & Forecast

Mostly positive signals in the chart today. The Glencore International PLC, St. Helier 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 $10.76 and $10.10. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 26, 2024, and so far it has risen 17.74%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Glencore International PLC, St. Helier stock

Glencore International PLC, St. Helier finds support from accumulated volume at $10.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0700 between high and low, or 0.640%. For the last week, the stock has had daily average volatility of 1.48%.

Our recommended stop-loss: $10.51 (-4.00%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 23 days ago.)

Trading Expectations (GLNCY) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Glencore International PLC, St. Helier to open at $10.96, and during the day (based on 14 day Average True Range), to move between $10.74 and $11.16, which gives a possible trading interval of +/-$0.207 (+/-1.89%) up or down from last closing price. If Glencore International PLC, St. Helier takes out the full calculated possible swing range there will be an estimated 3.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.98 (0.27%) than the support at $10.60 (3.20%), 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 Glencore International PLC, St. Helier stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.026 Buy Candidate Unchanged

Predicted Opening Price for Glencore International PLC, St. Helier of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$10.96 ( 0.0913%) $10.95

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

Trading levels for GLNCY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.03 0.731 %
R2 11.00 0.486 %
R1 10.99 0.336 %
Current price: 10.95
Support S1 10.93 -0.153 %
S2 10.92 -0.304 %
S3 10.89 -0.548 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.65 6.39 %
R2 11.42 4.29 %
R1 10.98 0.274 %
Current price 10.95
Support S1 10.60 -3.20%
S2 10.25 -6.39%
S3 9.81 -10.41%

GLNCY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 02, 2024 May 02, 2024 Jun 20, 2024 $0.116 1.06%
2 Aug 18, 2023 Aug 31, 2023 Oct 06, 2023 $0.600 5.50%
3 Aug 03, 2023 May 04, 2023 Jun 16, 2023 $0.440 3.66%
4 Aug 31, 2022 Sep 01, 2022 Sep 29, 2022 $0.480 4.45%
5 Apr 14, 2022 Apr 21, 2022 Jun 06, 2022 $0.260 1.92%

FAQ

What is the symbol for Glencore International PLC, St. Helier Stock and on which exchange is it traded?
The symbol for Glencore International PLC, St. Helier is GLNCY and it is traded on the PINK (Pink Sheets).

Should I buy or sell Glencore International PLC, St. Helier Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Glencore International PLC, St. Helier Stock?
Glencore International PLC, St. Helier Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Glencore International PLC, St. Helier Stock.

What's the current price of Glencore International PLC, St. Helier Stock?
As of the end of day on the 2024-03-28, the price of an Glencore International PLC, St. Helier (GLNCY) share was $10.95.

What is the 52-week high and low for Glencore International PLC, St. Helier Stock?
The 52-week high for Glencore International PLC, St. Helier Stock is $12.47 and the 52-week low is $9.26.

What is the market capitalization of Glencore International PLC, St. Helier Stock?
As of the 2024-03-28, the market capitalization of Glencore International PLC, St. Helier is 66.682B.
Click to get the best stock tips daily for free!

About Glencore International PLC, St. Helier

Glencore International PLC St. Helier Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments, Marketing Activities and Industrial Activities. The company produces and markets copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. It also engages in the oil exploration/production, distrib... GLNCY Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT