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L1 Global Long Short Fund Limited

GLS.AX•ASX
Financial Services
Asset Management
$1.78
$0.00(0.00%)
Australian Market is Open • 10:10

L1 Global Long Short Fund Limited (GLS.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for L1 Global Long Short Fund Limited (ASX:GLS.AX).

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

GLS.AX Technical Analysis Summary

L1 Global Long Short Fund Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 36.54)
Trend Strength:Moderate (ADX: 26.25)
Volatility:High (ATR: 0.09)
Support/Resistance:$1.85 – $2.12 (Bollinger Bands)

Technical conditions suggest L1 Global Long Short Fund Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 36.54

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 34.84

Bearish
Momentum remains weak below midpoint.

Williams %R: -94.29

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -12.38

Strongly Bearish
Sharp downside momentum.

Takeaway:L1 Global Long Short Fund Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 26.25

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -220.95

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:L1 Global Long Short Fund Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.12
Middle Band (SMA 20)
$1.98
Lower Band
$1.85
Current Position
Below Lower Band

Takeaway:L1 Global Long Short Fund Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$2.14
Middle Line (EMA 20)
$1.96
Lower Channel
$1.78
Squeeze Status
Squeeze On

Takeaway:L1 Global Long Short Fund Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume4.91M
Money Flow Index28.63Bearish, selling pressure outweighs inflows.
Relative Vigor Index37.29Bearish, price momentum favors sellers.

Overall Takeaway:GLS.AX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of L1 Global Long Short Fund Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for L1 Global Long Short Fund Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ