Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Glencore plc

GLNCY•PNK
Basic Materials
Industrial Materials
$13.69
$-0.42(-2.98%)
U.S. Market opens in 0h 19m

Glencore plc (GLNCY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Glencore plc (PNK:GLNCY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GLNCY Technical Analysis Summary

Glencore plc stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 56.91)
Trend Strength:Weak (ADX: 18.16)
Volatility:Medium (ATR: 0.47)
Support/Resistance:$13.18 – $14.59 (Bollinger Bands)

This mix signals that Glencore plc is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.91

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 70.54

Bullish
Buying momentum building without extremes.

Williams %R: -23.87

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.21

Bullish
Steady upward momentum.

Takeaway:Glencore plc shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.22

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.16

Weak
Weak trend, market trading sideways.

ATR (14): 0.47

Low
Low volatility, stable price action.

CCI (14): 24.19

Bullish
Bullish, momentum building upward.

Takeaway:Glencore plc shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.59
Middle Band (SMA 20)
$13.89
Lower Band
$13.18
Current Position
Within Bands

Takeaway:Glencore plc trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$14.79
Middle Line (EMA 20)
$13.85
Lower Channel
$12.91
Squeeze Status
Squeeze On

Takeaway:Glencore plc trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume9.95M
Money Flow Index67.31Bullish, inflows support continued momentum.
Relative Vigor Index70.88Bullish, price momentum strongly favors buyers.

Overall Takeaway:GLNCY shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Glencore plc, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Glencore plc are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ