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GFS forms 1,2,3 Retracement Bearish on August 11

SwingTradeBot Nightly Stock Scan: GlobalFoundries Inc. (GFS) — Technical Patterns & Alerts · Aug 11, 2026, 17:46 ET
On Tuesday, August 11th, GFS moved up 1.56% while volume shrunk to 0.6× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 50.24, 49.65 & 48.86, with resistance at 51.62, 52.41 & 53.0.

Current SwingTradeBot Technical Rating of GFS: D

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GlobalFoundries Inc. (GFS)