GERMAN AMERICAN BANCORP (GABC)

US3738651047 - Common Stock

32.22  +0.26 (+0.81%)

Technical Rating and Analysis

1

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.

GABC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GABC is performing more or less in line with the market.
In the last month GABC has a been trading in the 31.35 - 34.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, GABC outperforms 61% of them, which is more or less in line with the market.
GABC is part of the Banks industry. There are 412 other stocks in this industry, GABC did better than 50% of them.
Weekly and Daily overview Charts
GABC Weekly chart
GABC Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, GABC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 31.86, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

26.27

35.00

2 important support areas can be observed.

  • A support zone ranging from 30.63 to 31.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @26.54 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 32.41 to 32.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 34.14 to 34.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.58
Mansfield-0.28
10 Day High34.05
10 Day Low31.35
20 Day High34.05
20 Day Low31.35
52 Week High34.96
52 Week Low24.85
Performance
1 Week-1.33%
2 Weeks0.25%
1 Month-3.94%
3 Month-0.68%
6 Month11.87%
12 Month15.55%
2 Year-15.96%
3 Year-23.54%
5 Year14.68%
10 Year77.88%
15 Year261.81%
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)-0.09
RSI(14)44.49
LBB30.93
UBB33.55
GABC Daily chart

GERMAN AMERICAN BANCORP

NASDAQ:GABC (5/3/2024, 8:47:33 AM)

32.22

+0.26 (+0.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.81%
1 Week-1.33%
2 Weeks0.25%
1 Month-3.94%
3 Month-0.68%
6 Month11.87%
12 Month15.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.76
ATR(20)%2.36%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.05
10 Day Low31.35
20 Day High34.05
20 Day Low31.35
52 Week High34.96
52 Week Low24.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.61K
Volume Incr8.92%
Vol(5)101.98K
Vol(50)120.01K