GREENBRIER COMPANIES INC (GBX) Technical Analysis
NYSE:GBX • US3936571013
Current stock price
GBX Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to GBX. GBX has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month GBX has a been trading in the 49.83 - 59.19 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, GBX turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- GBX is part of the Machinery industry. There are 131 other stocks in this industry, GBX did better than 47% of them.
- GBX is currently trading in the middle 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 slightly.
GBX Weekly and Daily overview Charts
GBX Setup Rating and Analysis
The technical rating of GBX is bad and it also does not present a 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
GBX Support and Resistance Analysis
40.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.27 to 50.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.38 from a horizontal line in the daily time frame.
- Support @40.75 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 51.92 to 52.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.00 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for GBX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GBX is down. |
| ChartMill Relative Strength | 52.1 | 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) | DOWN | NEGATIVE | The current price of GBX is below a declining 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) | 28.88 | OVERSOLD | The low RSI value suggests GBX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests GBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.21 | OVERSOLD | The low Stochastics value suggests GBX may be oversold. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for GBX suggests some volalility. |
| Average Directional Index/ADX (14) | 35.74 | POSITIVE | The high ADX value value for GBX suggests a strong trend. |
GBX Chart- and CandleStick Pattern Analysis
GBX Technicals: Chart, Performance Metrics, Trend & Indicators
50.28
-0.24 (-0.48%)
GREENBRIER COMPANIES INC / GBX TA FAQ
What is the technical rating for GBX stock?
ChartMill assigns a technical rating of 2 / 10 to GBX.
What is the trend direction for GBX stock?
The current trend direction for GREENBRIER COMPANIES INC (GBX) is Bearish.
Can you provide the RSI signal for GREENBRIER COMPANIES INC?
GREENBRIER COMPANIES INC (GBX) has an RSI value of 28.8777. This indicates that the stock is currently oversold.
What is the MACD signal for GREENBRIER COMPANIES INC (GBX) stock?
The MACD indicator for GREENBRIER COMPANIES INC (GBX) has a value of -0.743162, indicating a bearish trend.