Globalfoundries: Bollinger Bands Narrowing, KDJ Death Cross, 15min chart

Globalfoundries Stock Falls with MACD Death Cross, Bollinger Bands Narrowing on 15min Chart.

Globalfoundries's 15min chart shows KDJ Death Cross and Bearish Marubozu signals.

Globalfoundries' 15min chart shows Bollinger Bands expanding downward, bearish Marubozu.

Globalfoundries: 15-min chart shows Bollinger Bands expanding downward, bearish marubozu.

Catalyst<ul> <li>Recent Dark Cloud Cover and Bearish Engulfing signals on February 22 and February 28 indicate strong bullish momentum for GFS.</li></ul>Risk<ul> <li>Analyst ratings remain entirely Neutral despite active coverage, reflecting a lack of consensus and limited institutional optimism.</li> <li>Technical indicators show a volatile market with unclear direction and relatively balanced long and short signals.</li></ul>

Key Factors

GlobalFoundries announced a partnership with Telsys in Israel to capture niche design wins in a strategically important market. Citi raised its price target for GlobalFoundries to $42 from $35 and extended its valuation model to 2027 estimates. GlobalFoundries is positioning itself as a geographically aligned "friendly foundry" amid U.S. efforts to diversify semiconductor production away from Asia.

GFS News