GUARANTY BANCSHARES INC (GNTY) Stock Technical Analysis
NYSE:GNTY - New York Stock Exchange, Inc. - US4007641065 - Common Stock - Currency: USD
Taking everything into account, GNTY scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, GNTY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that GNTY is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by GNTY over the past year are nicely spread over this period.
GNTY is part of the Banks industry. There are 393 other stocks in this industry. GNTY outperforms 90% of them.
GNTY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GNTY has a been trading in the 41.95 - 46.83 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GNTY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
36.64
47.49
5 important support areas can be observed.
- A support zone ranging from 43.16 to 44.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.77 to 42.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 40.37 to 40.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.24 from a horizontal line in the daily time frame.
- Support @37.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.01 to 47.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for GNTY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GNTY is neutral. |
| ChartMill Relative Strength | 85.39 | POSITIVE | GNTY has a high relative strength, it outperformed 85.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNTY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNTY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GNTY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.28 | NEUTRAL | The RSI value for GNTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests GNTY has a positive trend. |
| Stochastics (14,3) | 72.71 | NEUTRAL | The Stochastics value for GNTY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for GNTY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.93 | NEGATIVE | The low ADX value for GNTY 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)
46.76
+1.06 (+2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.32%
1 Week6.98%
2 Weeks4.8%
1 Month3.66%
3 Month10.34%
6 Month13.66%
12 Month43.66%
2 Year61.97%
3 Year34.95%
5 Year94.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%2.21%
ATR Inc60.9%
Range Today0.81
ADR(20)0.94
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.39
Mansfield1.01
10 Day High46.83
10 Day Low41.95
20 Day High46.83
20 Day Low41.95
52 Week High47.2
52 Week Low32.04
CS1 End44.73
CR1 Start47.01
Volume & EV
DER(3)-0.29%
DER(5)-2.92%
Volume24.90K
Volume Incr-34.8%
Vol(5)34.62K
Vol(50)57.71K