NEW CONCEPT ENERGY INC (GBR) Stock Technical Analysis
NYSEARCA:GBR - NYSE Arca - US6436111065 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GBR. GBR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GBR is a bad performer in the overall market: 84% of all stocks are doing better.
GBR is one of the lesser performing stocks in the Real Estate Management & Development industry. 69% of 64 stocks in the same industry do better.
GBR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GBR has a been trading in the 0.82 - 1.11 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of GBR is bad and it also does not present a quality setup 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
0.81
1.33
When analyzing the support we notice one important area.
- A support zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.00 from a horizontal line in the daily time frame.
- Resistance @1.32 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for GBR is down. |
| ChartMill Relative Strength | 16.1 | NEGATIVE | GBR has a low relative strength, it was outperformed by 83.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GBR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GBR is below a declining 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) | 40.9 | NEUTRAL | The RSI value for GBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.39 | NEUTRAL | The Stochastics value for GBR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for GBR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for GBR suggests a possible start of a new 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 (8/8/2025, 1:50:56 PM)
0.8375
-0.05 (-5.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-5.9%
1 Week-1.77%
2 Weeks-8.79%
1 Month-16.82%
3 Month3.4%
6 Month-24.58%
12 Month-26.63%
2 Year-21.59%
3 Year-43.67%
5 Year-31.01%
10 Year-47.02%
15 Year-60.09%
Volatility
ATR(14)0.06
ATR(20)%7.12%
ATR Inc0.54%
Range Today0.1
ADR(20)0.06
ADR(20)%7.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.1
Mansfield-2.34
10 Day High1.02
10 Day Low0.82
20 Day High1.11
20 Day Low0.82
52 Week High1.78
52 Week Low0.67
CS1 End0.83
CR1 Start1
Volume & EV
DER(3)37.88%
DER(5)25.44%
Volume95.14K
Volume Incr-25.83%
Vol(5)18.66K
Vol(50)117.76K