GREENBRIER COMPANIES INC (GBX) Technical Analysis
NYSE:GBX • US3936571013
Current stock price
GBX Technical Rating and Analysis
Taking everything into account, GBX scores 1 out of 10 in our technical rating. GBX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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 51% of all stocks.
- GBX is an average performer in the Machinery industry, it outperforms 46% of 131 stocks in the same industry.
- 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 45.53 - 53.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GBX Weekly and Daily overview Charts
GBX Setup Rating and Analysis
Although the technical rating is bad, GBX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 49.87, a Stop Loss order could be placed below this zone.
More info and screens
GBX Support and Resistance Analysis
40.34
When analyzing the support we can see 4 important areas.
- A support zone ranging from 48.89 to 49.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.63 to 47.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 46.30 to 46.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @40.75 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 50.94 to 51.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.36 to 52.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.65 from a horizontal line in the daily time frame.
- Resistance @56.73 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 | 51.79 | NEUTRAL | GBX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GBX is above 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) | 48.76 | NEUTRAL | The RSI value for GBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GBX has a positive trend. |
| Stochastics (14,3) | 29.01 | NEUTRAL | The Stochastics value for GBX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for GBX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for GBX suggests a possible start of a new trend. |
GBX Chart- and CandleStick Pattern Analysis
GBX Technicals: Chart, Performance Metrics, Trend & Indicators
50.04
+0.92 (+1.87%)
GREENBRIER COMPANIES INC / GBX TA FAQ
What is the technical rating for GBX stock?
ChartMill assigns a technical rating of 1 / 10 to GBX.
What is the trend direction for GBX stock?
The current trend direction for GREENBRIER COMPANIES INC (GBX) is Bearish.
What is the RSI signal for GBX stock?
GREENBRIER COMPANIES INC (GBX) has an RSI value of 48.7587. This indicates that the stock is currently neutral.
What is the short term momentum for GBX stock?
The short term momentum for GREENBRIER COMPANIES INC (GBX) is negative.
What is the support and resistance level for GBX stock?
GREENBRIER COMPANIES INC (GBX) has a support level at 49.87 and a resistance level at 50.94. Check the full technical report for our detailed analysis of GBX support and resistance levels.