GREENBRIER COMPANIES INC (GBX) Stock Technical Analysis
USA - NYSE:GBX - US3936571013 - Common Stock
45.27 USD
-0.2 (-0.44%)
45.27 USD
0 (0%)
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GBX is a bad performer in the overall market: 80% of all stocks are doing better.
GBX is part of the Machinery industry. There are 129 other stocks in this industry, of which 63% are performing better than GBX.
GBX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GBX has a been trading in the 43.88 - 47.20 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.
Although the technical rating is bad, GBX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 44.34, a Stop Loss order could be placed below this zone.
More info and screens
40.33
56.76
2 important support areas can be observed.
- A support zone ranging from 44.07 to 44.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @40.74 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 45.58 to 46.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.91 to 47.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.20 from a horizontal line in the daily time frame.
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 | 20.64 | NEGATIVE | GBX has a low relative strength, it was outperformed by 79.36% 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) | UP | MIXED | The current price of GBX is below the rising 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) | 47.01 | NEUTRAL | The RSI value for GBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GBX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.47 | NEUTRAL | The Stochastics value for GBX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for GBX suggests some volalility. |
| Average Directional Index/ADX (14) | 8.41 | 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)
45.27
-0.2 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.44%
1 Week3.12%
2 Weeks-1.65%
1 Month-1.93%
3 Month-6.93%
6 Month5.62%
12 Month-13.09%
2 Year30.88%
3 Year28.21%
5 Year67.79%
10 Year19.01%
15 Year148.74%
Volatility
ATR(14)1.09
ATR(20)%2.41%
ATR Inc-15.92%
Range Today0.7
ADR(20)1.06
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.64
Mansfield-2.3
10 Day High46.55
10 Day Low43.88
20 Day High47.21
20 Day Low43.88
52 Week High71.06
52 Week Low37.77
CS1 End44.34
CR1 Start45.58
Volume & EV
DER(3)0.16%
DER(5)0.37%
Volume180.60K
Volume Incr-27.99%
Vol(5)219.36K
Vol(50)273.49K