GLOBAL BUSINESS TRAVEL GROUP (GBTG) Stock Technical Analysis
USA - NYSE:GBTG - US37890B1008 - Common Stock
Taking everything into account, GBTG scores 2 out of 10 in our technical rating. In the last year, GBTG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
GBTG has a poor technical rating and the quality of the setup is also not perfect 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
5.77
We found 4 important support areas.
- A support zone ranging from 7.53 to 7.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.41 to 6.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.93 to 5.99. 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.78 to 8.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.34 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 | NEUTRAL | NEUTRAL | The long term trend for GBTG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBTG is neutral. |
| ChartMill Relative Strength | 23.59 | NEGATIVE | GBTG has a low relative strength, it was outperformed by 76.41% 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 | MIXED | The current price of GBTG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.86 | NEUTRAL | The RSI value for GBTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GBTG has a negative trend. |
| Stochastics (14,3) | 38.31 | NEUTRAL | The Stochastics value for GBTG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for GBTG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.63 | NEGATIVE | The low ADX value for GBTG suggests a weak or negative trend. |
7.65
-0.31 (-3.89%)
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 2 / 10 to GBTG.
What is the current trend direction of GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?
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 42.855. 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 neutral.
Can you provide the support and resistance levels for GLOBAL BUSINESS TRAVEL GROUP?
GLOBAL BUSINESS TRAVEL GROUP (GBTG) has a support level at 7.53 and a resistance level at 7.78. Check the full technical report for our detailed analysis of GBTG support and resistance levels.