GREENBRIER COMPANIES INC (GBX) Stock Technical Analysis
NYSE:GBX - New York Stock Exchange, Inc. - US3936571013 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GBX. 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 negative, as is the long term trend. There should be more interesting stocks out there.
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. 65% of 128 stocks in the same industry do better.
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 41.27 - 48.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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
40.33
48.71
We found 1 important support area.
- A support zone ranging from 40.74 to 41.36. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.46 to 48.23. 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 | DOWN | NEGATIVE | The short term trend for GBX is down. |
| ChartMill Relative Strength | 22.85 | NEGATIVE | GBX has a low relative strength, it was outperformed by 77.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GBX is below the rising 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) | DOWN | NEGATIVE | The current price of GBX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.15 | NEUTRAL | The RSI value for GBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GBX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.58 | NEUTRAL | The Stochastics value for GBX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for GBX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for GBX suggests a possible start of a new 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)
44.34
-0.54 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.2%
1 Week-6.55%
2 Weeks-0.05%
1 Month4.55%
3 Month-18.72%
6 Month-33.47%
12 Month-13.94%
2 Year63.19%
3 Year6.56%
5 Year108.95%
10 Year-26.38%
15 Year209.85%
Volatility
ATR(14)1.23
ATR(20)%2.7%
ATR Inc-15.14%
Range Today1.35
ADR(20)1
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.85
Mansfield-1.89
10 Day High48.04
10 Day Low43.49
20 Day High48.04
20 Day Low41.27
52 Week High71.06
52 Week Low37.77
CS1 End41.36
CR1 Start47.46
Volume & EV
DER(3)-2.68%
DER(5)-2.58%
Volume167.00K
Volume Incr-55.23%
Vol(5)171.34K
Vol(50)543.47K