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.
Although GBX 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.
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40.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 46.11 to 46.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.74 to 41.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.87 to 48.27. 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 | 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 | 21.64 | NEGATIVE | GBX has a low relative strength, it was outperformed by 78.36% 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) | 52.38 | NEUTRAL | The RSI value for GBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests GBX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.16 | NEUTRAL | The Stochastics value for GBX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for GBX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.32 | POSITIVE | The high ADX value value for GBX suggests a strong trend. |
47.86
-5.48 (-10.27%)
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 52.3758. 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 0.274234, 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.