GERMAN AMERICAN BANCORP (GABC) Stock Technical Analysis
NASDAQ:GABC - Nasdaq - US3738651047 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to GABC. In the past year, GABC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month GABC has a been trading in the 33.60 - 39.12 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, GABC did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
GABC is an average performer in the Banks industry, it outperforms 64% of 397 stocks in the same industry.
GABC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
GABC has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.97
40.64
2 important support areas can be observed.
- A support zone ranging from 37.44 to 37.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.31 to 34.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 38.86 to 38.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.24 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.82
Mansfield0.05
10 Day High39.12
10 Day Low35.04
20 Day High39.12
20 Day Low33.6
52 Week High47.08
52 Week Low31.06
Performance
1 Week4.9%
2 Weeks9.14%
1 Month10.33%
3 Month-4.36%
6 Month-14.36%
12 Month19.19%
2 Year39.75%
3 Year1.42%
5 Year24.5%
10 Year99.36%
15 Year262.5%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.43
RSI(14)62.67
LBB34.59
UBB39.15
38.57
-0.28 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.72%
1 Week4.9%
2 Weeks9.14%
1 Month10.33%
3 Month-4.36%
6 Month-14.36%
12 Month19.19%
2 Year39.75%
3 Year1.42%
5 Year24.5%
10 Year99.36%
15 Year262.5%
Volatility
ATR(14)1.04
ATR(20)%3.64%
ATR Inc7.77%
Range Today1.01
ADR(20)1.35
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.82
Mansfield0.05
10 Day High39.12
10 Day Low35.04
20 Day High39.12
20 Day Low33.6
52 Week High47.08
52 Week Low31.06
CS1 End37.9
CR1 Start38.86
Volume & EV
DER(3)-1.02%
DER(5)-0.78%
Volume80.20K
Volume Incr-11.49%
Vol(5)109.74K
Vol(50)131.89K