GLOBAL BUSINESS TRAVEL GROUP (GBTG) Stock Technical Analysis
NYSE:GBTG - US37890B1008 - Common Stock
8.26 USD
+0.28 (+3.51%)
8.26 USD
0 (0%)
Overall GBTG gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GBTG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
GBTG is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 73% of 131 stocks in the same industry.
In the last month GBTG has a been trading in the 6.04 - 8.29 range, which is quite wide. It is currently trading near the high of this range.
GBTG has an average volume of 1143390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GBTG is one of the better performing stocks in the market, outperforming 84% 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.
Although GBTG has an excellent technical rating, it does not offer a high 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
5.77
9.55
We found 4 important support areas.
- A support zone ranging from 7.81 to 7.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.16 from a trend line in the daily time frame.
- A support zone ranging from 5.99 to 6.00. 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.
- Resistance @9.46 from a horizontal 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 | 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 | 84.53 | POSITIVE | GBTG has a high relative strength, it outperformed 84.53% 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) | UP | POSITIVE | The current price of GBTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.71 | OVERBOUGHT | The high RSI value suggests GBTG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GBTG has a positive trend. |
| Stochastics (14,3) | 98.03 | OVERBOUGHT | The high Stochastics value suggests GBTG may be overbought. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for GBTG suggests some volalility. |
| Average Directional Index/ADX (14) | 39.48 | 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)
8.26
+0.28 (+3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.51%
1 Week5.63%
2 Weeks9.99%
1 Month22.01%
3 Month37.9%
6 Month-3.39%
12 Month15.04%
2 Year22.37%
3 Year12.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%3.59%
ATR Inc-23.25%
Range Today0.23
ADR(20)0.28
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.53
Mansfield-0.13
10 Day High8.29
10 Day Low7.31
20 Day High8.29
20 Day Low6.04
52 Week High9.6
52 Week Low5.78
CS1 End7.86
CR1 Start9.46
Volume & EV
DER(3)3.67%
DER(5)2.51%
Volume945.30K
Volume Incr-25.65%
Vol(5)780.22K
Vol(50)1.14M