GREENBRIER COMPANIES INC (GBX) Technical Analysis
NYSE:GBX • US3936571013
Current stock price
GBX Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to GBX. In the last year, GBX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month GBX has a been trading in the 45.53 - 53.95 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When compared to the yearly performance of all other stocks, GBX outperforms 58% of them, which is more or less in line with the market.
- GBX is part of the Machinery industry. There are 131 other stocks in this industry, GBX did better than 52% of them.
- GBX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GBX is lagging the market.
- Volume is considerably higher in the last couple of days.
GBX Weekly and Daily overview Charts
GBX Setup Rating and Analysis
Although the technical rating is only medium, GBX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
GBX Support and Resistance Analysis
40.34
4 important support areas can be observed.
- Support @50.27 from a horizontal line in the weekly time frame.
- A support zone ranging from 47.63 to 48.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 46.30 to 46.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @40.75 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @52.97 from a trend line in the daily time frame.
- Resistance @57.16 from a trend line in the weekly time frame.
- A resistance zone ranging from 58.86 to 58.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
GBX Technical Indicator Signal Analysis
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 GBX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBX is neutral. |
| ChartMill Relative Strength | 58.16 | NEUTRAL | GBX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GBX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GBX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GBX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.48 | NEUTRAL | The RSI value for GBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests GBX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.5 | OVERBOUGHT | The high Stochastics value suggests GBX may be overbought. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for GBX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for GBX suggests a possible start of a new trend. |
GBX Chart- and CandleStick Pattern Analysis
GBX Technicals: Chart, Performance Metrics, Trend & Indicators
51.41
-1.23 (-2.34%)
GREENBRIER COMPANIES INC / GBX TA FAQ
What is the technical rating for GBX stock?
ChartMill assigns a technical rating of 5 / 10 to GBX.
What is the trend direction for GBX stock?
The current trend direction for GREENBRIER COMPANIES INC (GBX) is Bullish.
What is the RSI signal for GBX stock?
GREENBRIER COMPANIES INC (GBX) has an RSI value of 47.4781. This indicates that the stock is currently neutral.
What is the short term momentum for GBX stock?
The short term momentum for GREENBRIER COMPANIES INC (GBX) is neutral.
What is the support and resistance level for GBX stock?
GREENBRIER COMPANIES INC (GBX) has a support level at 50.27 and a resistance level at 52.97. Check the full technical report for our detailed analysis of GBX support and resistance levels.