--- title: "Why GlobalFoundries Stock Could Be Ready to Climb" type: "News" locale: "en" url: "https://longbridge.com/en/news/295954779.md" description: "GlobalFoundries (GFS) stock shows technical signs of potential upside, having reclaimed its 200-day moving average and year-to-date AVWAP. Technical indicators suggest a put skew among short-term traders, with Max Pain positioning indicating price drift toward $70 by October. Despite low volatility, options are affordably priced, with recommended calls offering significant leverage on underlying equity moves." datetime: "2026-08-14T15:46:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295954779.md) - [en](https://longbridge.com/en/news/295954779.md) - [zh-HK](https://longbridge.com/zh-HK/news/295954779.md) generator: "portal-rs" --- # Why GlobalFoundries Stock Could Be Ready to Climb Semiconductor stock **GlobalFoundries Inc (NASDAQ:GFS)** undercut and retook its 200-day moving average. This area coincides with the shares’ year-to-date anchored volume weighted average price (AVWAP). There’s also peak put open interest at the 50 strike, home to February 2026 highs where we saw price action bottom out and run nearly 80% into May highs. Per its Schaeffer’s put/call open interest ratio (SOIR) sitting in the 78th percentile of its annual range, there’s a put skew among short term options traders. Current Max Pain positioning pushes from $60 in August to $70 by October expiration, so we could see price drift higher in the coming weeks/months. Options are affordably priced though, per GFS’ Schaeffer’s Volatility Index (SVI) sitting in the 21st percentile of its annual range. Our recommended call option has a leverage ratio of 4.0, and will double in value on a 25.7% move from the underlying equity. ### Related Stocks - [GFS.US](https://longbridge.com/en/quote/GFS.US.md) ## Related News & Research - [GLOBALFOUNDRIES Chief Legal Officer Samak L. Azar disposes of 335 common shares for $15,017.05](https://longbridge.com/en/news/298766507.md) - [GlobalFoundries Issues Shares to U.S. Commerce Department Under New Securities Agreement](https://longbridge.com/en/news/298324434.md) - [Iguatemi board member cuts IGTI11 units stake by R$ 1.3 million in August sales](https://longbridge.com/en/news/298662019.md) - [The Bull Case For GLOBALFOUNDRIES (GFS) Could Change Following Its New Edge AI UX Platforms And GaNFast Push](https://longbridge.com/en/news/298240191.md) - [GlobalFoundries CEO Speaks At Goldman Sachs Communacopia + Technology Conference 2026](https://longbridge.com/en/news/298370493.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**