GFS technical analysis
GFS Technical Analysis
Analysis date
August 6, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
GFS Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- GFS
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 49.46 | August 5, 2026 | - | Verified |
| Verification series | 49.46 | August 5, 2026 | 0.00% | Verified |
Bottom line
GFS Technical Analysis Summary
GFS (GlobalFoundries) is deep in a corrective phase after peaking at 92.42 in April 2026. The daily price at 49.46 sits below SMA20 (56.45), SMA50 (70.49), and SMA200 (51.73), with RSI14 at 32.29 approaching oversold territory. The daily MACD histogram has just turned slightly positive after a deeply negative stretch, which hints that downside momentum may be slowing, but no confirmed bottom has formed. On the weekly chart, price at 49.99 is below SMA20 (64.60) and right at SMA200 (50.20) after a sharp five-week decline, while still above SMA50 (48.61). Key support is at 46.39 (recent daily low), with 40.48 (20-week low) as the next zone. Key resistance is at 51.73 (SMA200), 56.45 (SMA20), and 72.16 (20-day high). A close below 46.39 would likely extend the decline, while a sustained reclaim of SMA20 (56.45) would be the first constructive signal.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Bearish to mixed. Price at 49.46 is below SMA20 (56.45), SMA50 (70.49), and SMA200 (51.73). The moving average stack is not a clean bearish alignment because SMA200 sits below SMA20 and SMA50, reflecting the sharp run-up and subsequent correction of the past year. Price is near the recent daily low of 46.39.
- Momentum
- Bearish but flattening. RSI14 at 32.29 is below the 50 midline and approaching oversold territory. MACD line at -6.01 is just above the signal line at -6.02, and the histogram at +0.02 has turned slightly positive, suggesting deeply negative momentum may be decelerating.
- Volatility
- Elevated. ATR14 at 3.97 (8.02% of price) reflects above-average daily movement for a semiconductor stock in a volatile correction. Bollinger Bands (43.52 to 69.38) are wide, and price is trading near the lower band.
- Volume
- Well above average. Latest volume of 7,915,100 is 192.7% of the 20-period average (4,107,155), indicating strong participation on the latest down session.
Assessment
The daily chart shows a stock in a sustained corrective phase after the April 2026 peak near 92.42. Price has broken below all key SMAs, and the recent decline has brought it near the recent low of 46.39. RSI approaching oversold and a MACD histogram that just ticked positive suggest selling pressure may be easing, but there is no confirmed reversal yet. The key question is whether 46.39 holds as support. A recovery above SMA200 (51.73) and then SMA20 (56.45) would be the first meaningful bullish signal.
Weekly (July 27, 2026 week)
- Trend
- Mixed with a bearish tilt. Price at 49.99 is below SMA20 (64.60) and just below SMA200 (50.20), but remains above SMA50 (48.61). The sharp five-week decline has erased most of the gains built from the 2025 lows, and price is now testing the longer-term moving average.
- Momentum
- Bearish. RSI14 at 41.84 is below the 50 midline. MACD line at 3.77 is below the signal line at 7.30 with a negative histogram at -3.53, reflecting fading weekly momentum.
- Volatility
- Elevated. ATR14 at 9.01 (18.03% of price) reflects very wide weekly ranges, consistent with the steep sell-off of the past several weeks. Bollinger Bands (36.20 to 92.99) are extremely wide.
- Volume
- Slightly above average. Weekly volume of 23,290,900 is 110.8% of the 20-week average (21,020,930), indicating active participation in the decline.
Assessment
The weekly chart is mixed. Price is below SMA20 and testing SMA200 (50.20), while SMA50 (48.61) still holds below price. The five-week return of -37.34% shows how quickly the trend turned, and a decisive weekly close below SMA200 would open the door to the 20-week low at 40.48. On the upside, a weekly close back above SMA20 (64.60) would be required to argue that the correction has run its course. Until then, the longer-term uptrend is under pressure but not yet broken.
Key indicators
GFS Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 32.29 | 41.84 |
| MACD (12, 26, 9) | -6.01 / -6.02 / +0.02 | 3.77 / 7.30 / -3.53 |
| ATR (14) | 3.97 (8.02%) | 9.01 (18.03%) |
| Bollinger Bands (20, 2) | 43.52 - 69.38 | 36.20 - 92.99 |
| SMA (20) | 56.45 | 64.60 |
| SMA (50) | 70.49 | 48.61 |
| SMA (200) | 51.73 | 50.20 |
Price structure
GFS Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 49.46 | 49.99 |
| 1-Period Return | -4.92% | -6.61% |
| 5-Period Return | +5.08% | -37.34% |
| 20-Period Return | -27.23% | +19.59% |
| 60-Period Return | -33.17% | +32.69% |
| 252-Period Return | +36.90% | N/A |
| 52-Week Low | 31.46 | 31.46 |
| 52-Week High | 92.42 | 92.42 |
| 52-Week Position | 29.52% | 30.39% |
Key levels
GFS Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 72.16 | 92.42 |
| 20-Period Low | 46.39 | 40.48 |
| 60-Period High | 92.42 | 92.42 |
| 60-Period Low | 46.39 | 31.46 |
Scenarios
GFS Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above the recent low of 46.39 and reclaims SMA20 (56.45) on above-average volume.
Invalidation
Price breaks below 46.39 and closes below it.
What to watch
Daily RSI recovering above 40 and toward 50; MACD histogram expanding positive; weekly price reclaiming SMA200 (50.20); volume expanding on up days.
Range-Bound
Trigger
Price oscillates between the 46.39 support and the 51.73 to 56.45 resistance zone, building a base.
Invalidation
A decisive break above 56.45 or below 46.39 with rising volume.
What to watch
RSI staying between 30 and 45; MACD histogram fluctuating near zero; volume returning to normal levels.
Bearish
Trigger
Price breaks below 46.39 with increasing volume, extending the decline toward the 20-week low at 40.48 and the weekly Bollinger lower band near 36.20.
Invalidation
Price reclaims SMA200 (51.73) and holds above it.
What to watch
Daily RSI falling below 30; MACD histogram turning negative again; weekly price closing below SMA200 (50.20); volume expanding on down days.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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