GLOBAL BUSINESS TRAVEL GROUP (GBTG) Stock Technical Analysis
NYSE:GBTG - New York Stock Exchange, Inc. - US37890B1008 - Common Stock - Currency: USD
Overall GBTG gets a technical rating of 1 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
77% of all other stocks performed better in the past year than GBTG.
GBTG is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, of which 71% 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 6.04 - 6.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GBTG has an average volume of 1161170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of GBTG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.76
6.88
2 important support areas can be observed.
- Support @5.97 from a trend line in the weekly time frame.
- A support zone ranging from 5.82 to 5.83. 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 6.47 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.67 from a trend line in the daily time frame.
- A resistance zone ranging from 6.78 to 6.81. 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 | DOWN | NEGATIVE | The long term trend for GBTG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBTG is neutral. |
| ChartMill Relative Strength | 23.46 | NEGATIVE | GBTG has a low relative strength, it was outperformed by 76.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GBTG is below a declining 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) | 37.93 | NEUTRAL | The RSI value for GBTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GBTG has a negative trend. |
| Stochastics (14,3) | 35.09 | NEUTRAL | The Stochastics value for GBTG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for GBTG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.96 | NEGATIVE | The low ADX value for GBTG suggests a weak or negative 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)
6.09
-0.34 (-5.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-5.29%
1 Week-10.04%
2 Weeks-3.64%
1 Month-5.87%
3 Month-11.48%
6 Month-30.95%
12 Month-1.46%
2 Year-9.78%
3 Year-17.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%3.17%
ATR Inc94.04%
Range Today0.33
ADR(20)0.18
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.46
Mansfield-2.46
10 Day High6.87
10 Day Low6.04
20 Day High6.87
20 Day Low6.04
52 Week High9.6
52 Week Low5.78
CS1 End5.97
CR1 Start6.47
Volume & EV
DER(3)1.6%
DER(5)3.04%
Volume1.04M
Volume Incr1.47%
Vol(5)1.18M
Vol(50)1.16M