We assign a technical rating of 0 out of 10 to GLBZ. GLBZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
GLBZ has a poor technical rating and the quality of the setup is also only medium 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.
3.91
3 important support areas can be observed.
4 important resistance areas can be observed.
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 | 18.16 | NEGATIVE | GLBZ has a low relative strength, it was outperformed by 81.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GLBZ is above 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) | 50.65 | NEUTRAL | The RSI value for GLBZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GLBZ has a positive trend. |
| Stochastics (14,3) | 68.47 | NEUTRAL | The Stochastics value for GLBZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for GLBZ suggests some volalility. |
| Average Directional Index/ADX (14) | 27.19 | POSITIVE | The high ADX value value for GLBZ suggests a strong trend. |
4.42
+0.11 (+2.55%)
ChartMill assigns a technical rating of 0 / 10 to GLBZ.
The current trend direction for GLEN BURNIE BANCORP (GLBZ) is Bearish.
GLEN BURNIE BANCORP (GLBZ) has an RSI value of 50.645. This indicates that the stock is currently neutral.
The MACD indicator for GLEN BURNIE BANCORP (GLBZ) has a value of 0.0139497, indicating a bearish trend.
The short term momentum for GLEN BURNIE BANCORP (GLBZ) is neutral.