GENERATIONS BANCORP NY INC (GBNY) Stock Technical Analysis
NASDAQ:GBNY - Nasdaq - US37149G1085 - Common Stock - Currency: USD
Overall GBNY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GBNY is showing a nice and steady performance.
Warning: GBNY has an average volume of 13874 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GBNY did better than 94% of all other stocks.
GBNY is one of the better performing stocks in the Banks industry, it outperforms 98% of 395 stocks in the same industry.
GBNY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
GBNY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GBNY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
9.84
15.92
We found 4 important support areas.
- A support zone ranging from 15.49 to 15.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.36 to 10.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.94 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.76 to 15.76. This zone is formed by a combination of multiple trend lines 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 GBNY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GBNY is up. |
| ChartMill Relative Strength | 94.87 | POSITIVE | GBNY has a high relative strength, it outperformed 94.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GBNY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GBNY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GBNY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.15 | OVERBOUGHT | The high RSI value suggests GBNY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests GBNY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.85 | OVERBOUGHT | The high Stochastics value suggests GBNY may be overbought. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for GBNY suggests some volalility. |
| Average Directional Index/ADX (14) | 48.46 | POSITIVE | The high ADX value value for GBNY suggests a strong 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)
15.69
+0.19 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.23%
1 Week-0.38%
2 Weeks33.53%
1 Month53.97%
3 Month54.89%
6 Month41.22%
12 Month67.09%
2 Year44.21%
3 Year35.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%3.93%
ATR Inc-79.19%
Range Today0
ADR(20)0.3
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.87
Mansfield3.44
10 Day High16.18
10 Day Low11
20 Day High16.18
20 Day Low10.35
52 Week High16.18
52 Week Low8.04
CS1 End15.68
CR1 Start15.76
Volume & EV
DER(3)-5.94%
DER(5)-2.8%
Volume2.90K
Volume Incr-31.02%
Vol(5)19.72K
Vol(50)13.87K