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L1 Global Long Short Fund Limited Registered

GLS.AX Technical Analysis Summary (ASX)

Analyze GLS.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GLS.AX●ASX
Financial ServicesAsset Management
$1.83
$0.005(0.27%)
Australian Market opens in 49h 47m

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 (ASX)

L1 Global Long Short Fund Limited Registered (ASX: GLS.AX) stock currently shows a bearish trend on the ASX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.59)
Trend Strength:Very Strong (ADX: 49.19)
Volatility:Medium (ATR: 0.06)
Support/Resistance:$1.80 – $2.10 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 29.59

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 25.64

Bearish
Momentum remains weak below midpoint.

Williams %R: -80.77

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -8.91

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 49.19

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): -91.86

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.10
Middle Band (SMA 20)
$1.95
Lower Band
$1.80
Current Position
Within Bands

Takeaway:L1 Global Long Short Fund Limited Registered trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.06
Middle Line (EMA 20)
$1.94
Lower Channel
$1.81
Squeeze Status
No Squeeze

Takeaway:L1 Global Long Short Fund Limited Registered trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume4.83M
Money Flow Index36.73Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.67Neutral to Bearish, sellers hold a slight edge.

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 Registered (ASX: GLS.AX), 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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:L1 Global Long Short Fund Limited Registered shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: GLS.AX) Technical Analysis FAQ