GREENBRIER COMPANIES INC (GBX) Stock Technical Analysis
NYSE:GBX - New York Stock Exchange, Inc. - US3936571013 - Common Stock - Currency: USD
Taking everything into account, GBX scores 0 out of 10 in our technical rating. GBX 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
81% of all other stocks performed better in the past year than GBX.
GBX is part of the Machinery industry. There are 128 other stocks in this industry, of which 72% are performing better than GBX.
GBX 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 GBX is lagging the market.
In the last month GBX has a been trading in the 43.49 - 47.01 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
GBX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 46.89. Right above this resistance zone may be a good entry point.
More info and screens
40.33
48.04
3 important support areas can be observed.
- Support @45.09 from a trend line in the daily time frame.
- Support @41.77 from a trend line in the weekly time frame.
- Support @40.74 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.89 to 47.56. This zone is formed by a combination of multiple trend lines and important moving averages 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 GBX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBX is neutral. |
| ChartMill Relative Strength | 19.14 | NEGATIVE | GBX has a low relative strength, it was outperformed by 80.86% off all stocks 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) | DOWN | MIXED | The current price of GBX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.76 | NEUTRAL | The RSI value for GBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GBX has a negative trend. |
| Stochastics (14,3) | 42.55 | NEUTRAL | The Stochastics value for GBX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for GBX suggests some volalility. |
| Average Directional Index/ADX (14) | 11.74 | NEGATIVE | The low ADX value for GBX 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)
45.13
-0.55 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.2%
1 Week-2.7%
2 Weeks-0.92%
1 Month-3.94%
3 Month-16.18%
6 Month-27.62%
12 Month-10.26%
2 Year4.71%
3 Year25.4%
5 Year98.37%
10 Year-3.67%
15 Year302.95%
Volatility
ATR(14)0.93
ATR(20)%2.15%
ATR Inc-7.55%
Range Today0.81
ADR(20)0.9
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.14
Mansfield-1.87
10 Day High46.99
10 Day Low44.44
20 Day High47.01
20 Day Low43.49
52 Week High71.06
52 Week Low37.77
CS1 End45.09
CR1 Start46.89
Volume & EV
DER(3)-2.25%
DER(5)-2.23%
Volume181.90K
Volume Incr-20.01%
Vol(5)167.61K
Vol(50)404.88K