Logo image of GLBE

GLOBAL-E ONLINE LTD (GLBE) Stock Technical Analysis

NASDAQ:GLBE - Nasdaq - IL0011741688 - Common Stock

57.16  +1.06 (+1.89%)

After market: 57.68 +0.52 (+0.91%)

Technical Rating and Analysis

9

Overall GLBE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GLBE has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
GLBE is part of the Broadline Retail industry. There are 32 other stocks in this industry. GLBE outperforms 96% of them.
GLBE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GLBE has a been trading in the 51.67 - 57.63 range, which is quite wide. It is currently trading near the high of this range.
GLBE has an average volume of 1371300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GLBE did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GLBE Weekly chart
GLBE Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, GLBE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 57.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 54.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GLBE in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

29.65

57.74

We found 6 important support areas.

  • A support zone ranging from 54.55 to 54.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @53.41 from a horizontal line in the weekly time frame.
  • Support @52.54 from a horizontal line in the daily time frame.
  • Support @46.74 from a trend line in the daily time frame.
  • Support @31.09 from a trend line in the weekly time frame.
  • Support @29.95 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 57.17 to 57.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.81
Mansfield3.54
10 Day High57.63
10 Day Low51.67
20 Day High57.63
20 Day Low51.67
52 Week High57.85
52 Week Low28.11
Performance
1 Week7.67%
2 Weeks3.97%
1 Month4.65%
3 Month50.62%
6 Month64.16%
12 Month47.51%
2 Year90.72%
3 Year60.07%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)66.79
LBB51.89
UBB57.15
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
57.1854.542.64 (4.62%)21.66%
An entry @57.18. This is a Buy Stop order right above the resistance zone.An exit @54.54. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.64 points, which is 4.62%.For a 1.00% total portfolio risk, you can invest 21.66% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of GLBE. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GLBE Daily chart

GLOBAL-E ONLINE LTD

NASDAQ:GLBE (1/21/2025, 8:03:32 PM)

After market: 57.68 +0.52 (+0.91%)

57.16

+1.06 (+1.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg1.89%
1 Week7.67%
2 Weeks3.97%
1 Month4.65%
3 Month50.62%
6 Month64.16%
12 Month47.51%
2 Year90.72%
3 Year60.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.79
ATR(20)%2.98%
ATR Inc-21.05%
Range Today1.79
ADR(20)1.58
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.81
Mansfield3.54
10 Day High57.63
10 Day Low51.67
20 Day High57.63
20 Day Low51.67
52 Week High57.85
52 Week Low28.11
CS1 End54.89
CR1 Start57.17
Volume & EV
DER(3)4.99%
DER(5)2.7%
Volume668.00K
Volume Incr-2.35%
Vol(5)1.06M
Vol(50)1.37M