GSL-B NEWS why is Global Ship Lease price falling or rising

GSL-B NEWS reasons for why stock price of Global Ship Lease is falling or rising

GSL-B Global Ship is falling or rising technical reasons

Technical analysis forecast for Global Ship Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Global Ship GSL-B at this time. Stock is falling and might fall more.

It appears as if Global Ship GSL-B gave a large move recently.

Stock of Global Ship (GSL-B) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Global Ship is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Global Ship stays below 26.2, but if it comes above 26.2, then a intra day buy could be more profitable.
If you take a sell trade below 26.2, then use 26.2 as stoploss and 26 as target. However if you take a buy trade in Global Ship, then use 26.2 as stoploss and 26.32 as target.

GSL-B Global Ship is falling or rising NEWS fundamental reasons

India working to become credible, competitive alternative to global shipbuilding industry: Sarbananda Sonowal India is taking significant steps to enhance port infrastructure and boost business efficiency, as stated by the Minister of Shipping, Ports and Waterways. Efforts include the development of green hydrogen hubs, strategic trade corridors, and digitalizatio - NEWS as on 2025-03-24 indiatimes.com

India aims to be among top five global shipbuilders by 2047: Waterways Minister Sarbananda Sonowal India aims to become a top five global shipbuilding nation by 2047 through policy reforms, billion investment in infrastructure, and trade route development. Minister Sonowal emphasized sustainability and green initiatives, with plans to increase cargo - NEWS as on 2025-03-24 indiatimes.com

More announcements and NEWS

GSL-B Global Ship Lease current price & indicator signals

Moving Averages for Global Ship Lease

  • 5Day Average: 26.32
  • 12Day Average: 26.4
  • 20Day Average: 26.38
  • 50Day Average: 26.24
  • 100Day Average: 26.25
  • 150Day Average: 26.32
  • 200Day Average: 26.33

GSL-B Indicators & signals

Indicator MACD (12,26,9)

26.33, 26.31, 0.05
Indicator MACD is in positive zone

Indicator ADX (14)

12.5, 28, 36
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GSL-B Global Ship Lease are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Fri Mar 2025 26.10 26.00 to 26.14 0% 0.45 times
26 Wed Mar 2025 26.10 26.00 to 26.10 -1.51% 0.83 times
24 Mon Mar 2025 26.50 26.45 to 26.50 0.68% 1.71 times
21 Fri Mar 2025 26.32 26.32 to 26.66 -1.05% 0.81 times
20 Thu Mar 2025 26.60 26.44 to 26.60 0.23% 1.94 times
19 Wed Mar 2025 26.54 26.51 to 26.59 0.15% 0.58 times
18 Tue Mar 2025 26.50 26.45 to 26.59 0.26% 1.01 times
17 Mon Mar 2025 26.43 26.43 to 26.53 0.15% 0.65 times
14 Fri Mar 2025 26.39 26.25 to 26.53 -0.34% 0.99 times
13 Thu Mar 2025 26.48 26.35 to 26.50 0.46% 0.86 times
12 Wed Mar 2025 26.36 26.35 to 26.49 -0.42% 0.63 times
11 Tue Mar 2025 26.47 26.29 to 26.47 0.04% 0.88 times

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GSL-B NEWS why is Global Ship Lease price falling or rising

 

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