39.67 USD
-0.29 (-0.73%)
39.67 USD
0 (0%)
Overall GABC gets a technical rating of 4 out of 10. In the last year, GABC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
GABC is one of the lesser performing stocks in the Banks industry. 65% of 388 stocks in the same industry do better.
In the last month GABC has a been trading in the 39.24 - 41.82 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, GABC turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
GABC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GABC is lagging the market.
GABC has an average technical rating and the quality of the presented setup is also not ideal 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
36.26
42.39
We found 3 important support areas.
- A support zone ranging from 38.77 to 38.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.58 from a horizontal line in the daily time frame.
- A support zone ranging from 36.63 to 36.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.80 to 41.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GABC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GABC is neutral. |
| ChartMill Relative Strength | 49.48 | NEUTRAL | GABC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GABC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GABC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GABC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.88 | NEUTRAL | The RSI value for GABC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests GABC has a negative trend. |
| Stochastics (14,3) | 20.01 | NEUTRAL | The Stochastics value for GABC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for GABC suggests low volalility. |
| Average Directional Index/ADX (14) | 14.97 | NEGATIVE | The low ADX value for GABC suggests a weak or negative trend. |
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)
39.67
-0.29 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.73%
1 Week-1.93%
2 Weeks-4.85%
1 Month-0.03%
3 Month1.38%
6 Month-2.55%
12 Month1.56%
2 Year22.4%
3 Year6.35%
5 Year19.89%
10 Year78.59%
15 Year223.05%
Volatility
ATR(14)0.6
ATR(20)%1.56%
ATR Inc-31.44%
Range Today0.42
ADR(20)0.62
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.48
3 months CRS63.64
6 months CRS31.5
Mansfield-0.87
10 Day High41.75
10 Day Low39.67
20 Day High41.82
20 Day Low39.24
52 Week High43.2
52 Week Low32.75
CS1 End38.79
CR1 Start39.8
Volume & EV
DER(3)2.09%
DER(5)1.54%
Volume105.76K
Volume Incr-40.14%
Vol(5)88.17K
Vol(50)112.97K
GERMAN AMERICAN BANCORP / GABC FAQ
What is the technical rating for GABC stock?
ChartMill assigns a technical rating of 4 / 10 to GABC.
Can you provide the trend direction for GERMAN AMERICAN BANCORP?
The current trend direction for GERMAN AMERICAN BANCORP (GABC) is Bullish.
What is the RSI signal for GERMAN AMERICAN BANCORP (GABC) stock?
GERMAN AMERICAN BANCORP (GABC) has an RSI value of 44.8815. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GERMAN AMERICAN BANCORP?
The short term momentum for GERMAN AMERICAN BANCORP (GABC) is neutral.