GLOBAL BUSINESS TRAVEL GROUP (GBTG) Stock Technical Analysis
USA - NYSE:GBTG - US37890B1008 - Common Stock
8.16 USD
-0.16 (-1.92%)
8.16 USD
0 (0%)
Overall GBTG gets a technical rating of 9 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, GBTG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
GBTG is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 75% of 134 stocks in the same industry.
GBTG 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.
When comparing the yearly performance of all stocks, we notice that GBTG is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
GBTG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GBTG is lagging the market.
Besides having an excellent technical rating, GBTG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.27. Right above this resistance zone may be a good entry point.
More info and screens
5.77
8.43
When analyzing the support we can see 5 important areas.
- A support zone ranging from 8.10 to 8.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.92 from a horizontal line in the daily time frame.
- Support @6.22 from a trend line in the daily time frame.
- A support zone ranging from 5.99 to 6.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.83 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.27 to 8.35. 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 GBTG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GBTG is up. |
| ChartMill Relative Strength | 80.99 | POSITIVE | GBTG has a high relative strength, it outperformed 80.99% 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) | UP | POSITIVE | The current price of GBTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GBTG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.05 | NEUTRAL | The RSI value for GBTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GBTG has a negative trend. |
| Stochastics (14,3) | 57.55 | NEUTRAL | The Stochastics value for GBTG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for GBTG suggests some volalility. |
| Average Directional Index/ADX (14) | 38.06 | POSITIVE | The high ADX value value for GBTG 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)
8.16
-0.16 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.92%
1 Week0.62%
2 Weeks-1.09%
1 Month4.35%
3 Month33.99%
6 Month11.02%
12 Month12.09%
2 Year48.36%
3 Year44.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.42%
ATR Inc56.8%
Range Today0.19
ADR(20)0.19
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.99
Mansfield-0.42
10 Day High8.39
10 Day Low7.8
20 Day High8.39
20 Day Low7.78
52 Week High9.6
52 Week Low5.78
CS1 End8.15
CR1 Start8.27
Volume & EV
DER(3)-2.71%
DER(5)-3.33%
Volume777.50K
Volume Incr20.29%
Vol(5)1.07M
Vol(50)957.65K