GLOBAL BUSINESS TRAVEL GROUP (GBTG) Technical Analysis
NYSE:GBTG • US37890B1008
We assign a technical rating of 1 out of 10 to GBTG. GBTG 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, GBTG is a bad performer in the overall market: 89% of all stocks are doing better.
- GBTG is part of the Hotels, Restaurants & Leisure industry. There are 125 other stocks in this industry, of which 75% are performing better than GBTG.
- GBTG 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 GBTG is lagging the market.
- In the last month GBTG has a been trading in the 4.96 - 5.91 range, which is quite wide. It is currently trading near the high of this range.
- GBTG has an average volume of 1505650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, GBTG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for GBTG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.91
We found 1 important support area.
- A support zone ranging from 4.96 to 5.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.75 to 5.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.97 from a trend line in the weekly time frame.
- Resistance @8.34 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 GBTG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GBTG is down. |
| ChartMill Relative Strength | 11.69 | NEGATIVE | GBTG has a low relative strength, it was outperformed by 88.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GBTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GBTG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBTG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.88 | NEUTRAL | The RSI value for GBTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests GBTG has a positive trend. |
| Stochastics (14,3) | 87.11 | OVERBOUGHT | The high Stochastics value suggests GBTG may be overbought. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for GBTG suggests high volalility. |
| Average Directional Index/ADX (14) | 36.6 | POSITIVE | The high ADX value value for GBTG suggests a strong trend. |
GBTG Technicals: Chart, Performance Metrics, Trend & Indicators
5.74
-0.04 (-0.69%)
GLOBAL BUSINESS TRAVEL GROUP / GBTG FAQ
What is the ChartMill technical rating of GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?
ChartMill assigns a technical rating of 1 / 10 to GBTG.
Can you provide the trend direction for GLOBAL BUSINESS TRAVEL GROUP?
The current trend direction for GLOBAL BUSINESS TRAVEL GROUP (GBTG) is Bearish.
What is the RSI signal for GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?
GLOBAL BUSINESS TRAVEL GROUP (GBTG) has an RSI value of 46.8778. This indicates that the stock is currently neutral.
What is the short term momentum for GBTG stock?
The short term momentum for GLOBAL BUSINESS TRAVEL GROUP (GBTG) is negative.
What is the buy/sell signal for GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?
The buy/sell signal for GLOBAL BUSINESS TRAVEL GROUP (GBTG) is sell as both the short term and long term trends are negative.