NEW CONCEPT ENERGY INC (GBR) Stock Technical Analysis
NYSEARCA:GBR - NYSE Arca - US6436111065 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to GBR. Recently some decent action could be observed, but in the medium term time frame this is still negative. GBR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, GBR is a bad performer in the overall market: 90% of all stocks are doing better.
GBR is one of the lesser performing stocks in the Real Estate Management & Development industry. 73% of 65 stocks in the same industry do better.
GBR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GBR is lagging the market.
Warning: GBR has an average volume of 28872 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GBR has a been trading in the 0.82 - 1.00 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 short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
GBR has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
0.84
1.33
When analyzing the support we notice one important area.
- Support @0.85 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.98 from a horizontal line in the daily time frame.
- Resistance @1.17 from a trend line in the weekly time frame.
- Resistance @1.32 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for GBR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GBR is up. |
| ChartMill Relative Strength | 10.88 | NEGATIVE | GBR has a low relative strength, it was outperformed by 89.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GBR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.59 | NEUTRAL | The RSI value for GBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GBR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.32 | NEUTRAL | The Stochastics value for GBR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for GBR suggests high volalility. |
| Average Directional Index/ADX (14) | 34.89 | POSITIVE | The high ADX value value for GBR 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)
NYSEARCA:GBR (6/5/2025, 8:04:00 PM)
0.9011
-0.08 (-7.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-7.96%
1 Week-0.72%
2 Weeks0.12%
1 Month6.88%
3 Month-16.56%
6 Month-21.64%
12 Month-42.24%
2 Year-26.13%
3 Year-41.49%
5 Year-26.44%
10 Year-40.32%
15 Year-74.9%
Volatility
ATR(14)0.06
ATR(20)%6.9%
ATR Inc32.79%
Range Today0.08
ADR(20)0.06
ADR(20)%6.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.88
Mansfield-2.5
10 Day High0.98
10 Day Low0.84
20 Day High1
20 Day Low0.82
52 Week High1.82
52 Week Low0.67
CS1 End0.85
CR1 Start0.9
Volume & EV
DER(3)-0.16%
DER(5)-7.94%
Volume2.90K
Volume Incr-61.09%
Vol(5)12.14K
Vol(50)28.87K