GLEN BURNIE BANCORP (GLBZ) Technical Analysis
NASDAQ:GLBZ • US3774071019
Current stock price
GLBZ Technical Rating and Analysis
Taking everything into account, GLBZ scores 0 out of 10 in our technical rating. GLBZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, GLBZ is a bad performer in the overall market: 81% of all stocks are doing better.
- GLBZ is one of the lesser performing stocks in the Banks industry. 93% of 380 stocks in the same industry do better.
- GLBZ 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 GLBZ is lagging the market.
- Warning: GLBZ has an average volume of 9002 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month GLBZ has a been trading in the 3.76 - 4.50 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
GLBZ Weekly and Daily overview Charts
GLBZ Setup Rating and Analysis
GLBZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GLBZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GLBZ Support and Resistance Analysis
3.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.07 to 4.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.95 to 3.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.31 to 4.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.43 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.82 to 4.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.13 from a trend line in the weekly time frame.
GLBZ 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 | DOWN | NEGATIVE | The long term trend for GLBZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLBZ is neutral. |
| ChartMill Relative Strength | 19.75 | NEGATIVE | GLBZ has a low relative strength, it was outperformed by 80.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLBZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLBZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLBZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.71 | NEUTRAL | The RSI value for GLBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GLBZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.28 | NEUTRAL | The Stochastics value for GLBZ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for GLBZ suggests some volalility. |
| Average Directional Index/ADX (14) | 30.41 | POSITIVE | The high ADX value value for GLBZ suggests a strong trend. |
GLBZ Chart- and CandleStick Pattern Analysis
GLBZ Technicals: Chart, Performance Metrics, Trend & Indicators
4.3
-0.12 (-2.71%)
GLEN BURNIE BANCORP / GLBZ TA FAQ
What is the ChartMill technical rating of GLEN BURNIE BANCORP (GLBZ) stock?
ChartMill assigns a technical rating of 0 / 10 to GLBZ.
What is the trend direction for GLBZ stock?
The current trend direction for GLEN BURNIE BANCORP (GLBZ) is Bearish.
Can you provide the RSI signal for GLEN BURNIE BANCORP?
GLEN BURNIE BANCORP (GLBZ) has an RSI value of 46.7116. This indicates that the stock is currently neutral.
What is the MACD signal for GLEN BURNIE BANCORP (GLBZ) stock?
The MACD indicator for GLEN BURNIE BANCORP (GLBZ) has a value of 0.0199578, indicating a bearish trend.
What are the support and resistance levels for GLEN BURNIE BANCORP (GLBZ) stock?
GLEN BURNIE BANCORP (GLBZ) has a support level at 4.13 and a resistance level at 4.31. Check the full technical report for our detailed analysis of GLBZ support and resistance levels.