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GLP Stock Tickeron detected bullish Stock Pattern: Triple Bottoms GLP on January 16, 2025, netting in a 30.84% gain over 1 month

A.I.dvisor
at Tickeron.com
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+30.84% Gain from a Successful pattern Triple Bottoms
GLP - Global Partners LP
Tickeron
Ticker: GLP
Company: Global Partners
Gain: +30.84%
Confirmed: 01/16/25
Succeeded: 02/18/25
Total length: 42 days
On January 07, 2025, A.I.dvisor detected a Triple Bottoms Pattern (Bullish) for Global Partners LP (GLP, $45.41). On January 16, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $59.33. 33 days later, on February 18, 2025, GLP reached the target price resulting in a +3 for traders who took a long position in the stock.

GLP sees its Stochastic Oscillator climbs out of oversold territory

On March 11, 2025, the Stochastic Oscillator for GLP moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 54 instances where the indicator left the oversold zone. In of the 54 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GLP advanced for three days, in of 355 cases, the price rose further within the following month. The odds of a continued upward trend are .

GLP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 341 cases where GLP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for GLP moved out of overbought territory on February 19, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 49 similar instances where the indicator moved out of overbought territory. In of the 49 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on March 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GLP as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for GLP turned negative on February 24, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GLP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 61, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GLP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.913) is normal, around the industry mean (47.044). P/E Ratio (12.024) is within average values for comparable stocks, (16.347). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.837). Dividend Yield (0.060) settles around the average of (0.069) among similar stocks. P/S Ratio (0.093) is also within normal values, averaging (2.994).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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GLP
Daily Signalchanged days ago
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General Information

a distributor of petroleum products

Industry OilGasPipelines

Profile
Fundamentals
Details
Industry
Wholesale Distributors
Address
800 South Street
Phone
+1 781 894-8800
Employees
5060
Web
https://www.globalp.com