GERMAN AMERICAN BANCORP (GABC) Stock Technical Analysis
NASDAQ:GABC - Nasdaq - US3738651047 - Common Stock - Currency: USD
Overall GABC gets a technical rating of 1 out of 10. GABC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, we notice that GABC is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GABC is part of the Banks industry. There are 398 other stocks in this industry, GABC did better than 54% of them.
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.
In the last month GABC has a been trading in the 32.75 - 38.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GABC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 34.44, a Stop Loss order could be placed below this zone.
More info and screens
33.97
42.14
When analyzing the support we notice one important area.
- A support zone ranging from 34.31 to 34.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @36.91 from a trend line in the daily time frame.
- Resistance @40.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 41.34 to 41.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.07
Mansfield-0.23
10 Day High37.5
10 Day Low33.85
20 Day High38.44
20 Day Low32.75
52 Week High47.08
52 Week Low31.06
Performance
1 Week2.53%
2 Weeks6.41%
1 Month-4.47%
3 Month-6.91%
6 Month-6.67%
12 Month13.24%
2 Year25.63%
3 Year4.05%
5 Year22.84%
10 Year91.47%
15 Year244.31%
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)0.31
RSI(14)49.72
LBB33.79
UBB37.23
36.52
-0.48 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.3%
1 Week2.53%
2 Weeks6.41%
1 Month-4.47%
3 Month-6.91%
6 Month-6.67%
12 Month13.24%
2 Year25.63%
3 Year4.05%
5 Year22.84%
10 Year91.47%
15 Year244.31%
Volatility
ATR(14)1.53
ATR(20)%4.11%
ATR Inc-53.4%
Range Today0.55
ADR(20)1.39
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.07
Mansfield-0.23
10 Day High37.5
10 Day Low33.85
20 Day High38.44
20 Day Low32.75
52 Week High47.08
52 Week Low31.06
CS1 End34.44
CR1 Start36.91
Volume & EV
DER(3)-0.15%
DER(5)-0.07%
Volume70.50K
Volume Incr-26.4%
Vol(5)111.78K
Vol(50)130.95K