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Home / Momentum / GlaxoSmithKline

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

GlaxoSmithKline

Is this trend a good trading opportunity?

Will GlaxoSmithKline turn, or will it continue rising?

  • The chart shows the GlaxoSmithKline price action since the beginning of this week.
  • Shares in a week-long uptrend; now at 1,741p.
  • Shares now -0.5% from 2019 highs; +21% from 2019 lows; +16.5% year-to-date
  • Shares risen 4.2% in the past week. Will this positive momentum continue?

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Prepared by Michael van Dulken, Head of Research
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