Glaxosmithkline on Thursday gapped down 0.20%, then opened at 1493.80 and went on to move 0.74% lower, closing at 1485.80. The range was 17.80 (1.19%), price hit a high of 1496.20 and a low of 1478.40. The candlestick was a Black Candle, indicating a possible bearish move in the coming days.
Volume was 15% below average, with 7,507,566 shares traded. The 50 day simple moving average is declining with price 5.0% below. Price is 2.9% above the 200 day simple moving average which is rising.