GREENBRIER COMPANIES INC (GBX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GBX - US3936571013 - Common Stock
We assign a technical rating of 7 out of 10 to GBX. Although GBX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 78% of all other stocks performed better in the past year than GBX.
- GBX is one of the lesser performing stocks in the Machinery industry. 66% of 132 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- 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.
- In the last month GBX has a been trading in the 45.88 - 54.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, GBX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 46.63, a Stop Loss order could be placed below this zone.
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40.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 45.83 to 46.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.91 from a trend line in the daily time frame.
- Support @40.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 53.18 to 53.35. This zone is formed by a combination of multiple trend lines in the daily 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 GBX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GBX is up. |
| ChartMill Relative Strength | 22.24 | NEGATIVE | GBX has a low relative strength, it was outperformed by 77.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GBX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GBX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GBX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.41 | NEUTRAL | The RSI value for GBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GBX has a positive trend. |
| Stochastics (14,3) | 38.01 | NEUTRAL | The Stochastics value for GBX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for GBX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.6 | POSITIVE | The high ADX value value for GBX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.36 | 47.02 | 6.34 (11.88%) | 8.42% |
| An entry @53.36. This is a Buy Stop order right above the resistance zone. | An exit @47.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.34 points, which is 11.88%. | For a 1.00% total portfolio risk, you can invest 8.42% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
49.77
+0.59 (+1.2%)
GREENBRIER COMPANIES INC / GBX FAQ
What is the technical rating for GBX stock?
ChartMill assigns a technical rating of 7 / 10 to GBX.
What is the trend direction for GBX stock?
The current trend direction for GREENBRIER COMPANIES INC (GBX) is Bullish.
Can you provide the RSI signal for GREENBRIER COMPANIES INC?
GREENBRIER COMPANIES INC (GBX) has an RSI value of 58.407. This indicates that the stock is currently neutral.
What is the MACD signal for GREENBRIER COMPANIES INC (GBX) stock?
The MACD indicator for GREENBRIER COMPANIES INC (GBX) has a value of 0.00798151, indicating a bearish trend.
What is the buy/sell signal for GBX stock?
The buy/sell signal for GREENBRIER COMPANIES INC (GBX) is buy as both the short term and long term trends are positive.