Logo image of GNBC

GREEN BANCORP INC (GNBC) Stock Technical Analysis

USA - Nasdaq - NASDAQ:GNBC - US39260X1000

17.14
-0.12 (-0.7%)
Last: 12/31/2018, 8:06:19 PM
17.14
0 (0%)
After Hours: 12/31/2018, 8:06:19 PM
Technical Rating and Analysis

0

Taking everything into account, GNBC scores 0 out of 10 in our technical rating. GNBC'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 negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than GNBC.
GNBC 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.
GNBC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
GREEN BANCORP INC / GNBC Weekly stock chart
GREEN BANCORP INC / GNBC Daily stock chart
Setup Rating and Analysis

3

The technical rating of GNBC 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.

Support and Resistance Analysis

16.27

23.51

We found 1 important support area.

  • A support zone ranging from 16.43 to 16.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 18.45 to 18.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 18.84 to 19.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @23.28 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for GNBC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for GNBC is down.
ChartMill Relative Strength17.76NEGATIVEGNBC has a low relative strength, it was outperformed by 82.24% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of GNBC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of GNBC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of GNBC is below a declining SMA(200).
Relative Strength Index/RSI (14)40.61NEUTRALThe RSI value for GNBC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests GNBC has a negative trend, although the MACD value is rising.
Stochastics (14,3)31.51NEUTRALThe Stochastics value for GNBC is a neutral value.
Average True Range in percent/ATR (20)4.64MEDIUM VOLATILITYThe ATR as a percentage value for GNBC suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)
GREEN BANCORP INC / GNBC Daily stock chart

GREEN BANCORP INC

NASDAQ:GNBC (12/31/2018, 8:06:19 PM)

After market: 17.14 0 (0%)

17.14

-0.12 (-0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.7%
1 Week3.88%
2 Weeks-4.78%
1 Month-13.22%
3 Month-28.25%
6 Month-21.74%
12 Month-17.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%4.64%
ATR Inc-42.35%
Range Today0.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.76
3 months CRSN/A
6 months CRSN/A
Mansfield-1.44
10 Day High18.11
10 Day Low16.21
20 Day High20.55
20 Day Low16.21
52 Week High25.15
52 Week Low16.21
CS1 End16.5
CR1 Start18.45
Volume & EV
DER(3)-0.38%
DER(5)-0.5%
Volume981.10K
Volume Incr48.29%
Vol(5)308.30K
Vol(50)202.25K

GREEN BANCORP INC / GNBC FAQ

Can you provide the ChartMill technical rating for GREEN BANCORP INC?

ChartMill assigns a technical rating of 0 / 10 to GNBC.


What is the current trend direction of GREEN BANCORP INC (GNBC) stock?

The current trend direction for GREEN BANCORP INC (GNBC) is Bearish.


What is the RSI signal for GREEN BANCORP INC (GNBC) stock?

GREEN BANCORP INC (GNBC) has an RSI value of 40.6063. This indicates that the stock is currently neutral.


What is the MACD signal for GREEN BANCORP INC (GNBC) stock?

The MACD indicator for GREEN BANCORP INC (GNBC) has a value of -0.0163742, indicating a bearish trend.


What is the short term momentum for GNBC stock?

The short term momentum for GREEN BANCORP INC (GNBC) is negative.