We assign a technical rating of 5 out of 10 to GPRE. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GPRE is a bad performer.
Although the technical rating is only medium, GPRE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.57. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GPRE 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.
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8.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.02 to 10.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.69 to 9.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.49 from a horizontal line in the daily time frame.
- Support @9.07 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.57 to 10.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.11 to 11.18. This zone is formed by a combination of multiple trend lines in the weekly 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 | UP | POSITIVE | The long term trend for GPRE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GPRE is neutral. |
| ChartMill Relative Strength | 30.47 | NEUTRAL | GPRE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GPRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GPRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GPRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for GPRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GPRE has a positive trend. |
| Stochastics (14,3) | 58.31 | NEUTRAL | The Stochastics value for GPRE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.02 | HIGH VOLATILITY | The high ATR as a percentage value for GPRE suggests high volalility. |
| Average Directional Index/ADX (14) | 10.8 | NEGATIVE | The low ADX value for GPRE suggests a weak or negative trend. |
10.33
+0.34 (+3.4%)
GREEN PLAINS INC / GPRE FAQ
What is the technical rating for GPRE stock?
ChartMill assigns a technical rating of 5 / 10 to GPRE.
Can you provide the trend direction for GREEN PLAINS INC?
The current trend direction for GREEN PLAINS INC (GPRE) is Bullish.
What is the RSI signal for GREEN PLAINS INC (GPRE) stock?
GREEN PLAINS INC (GPRE) has an RSI value of 52.4594. This indicates that the stock is currently neutral.
What is the MACD signal for GREEN PLAINS INC (GPRE) stock?
The MACD indicator for GREEN PLAINS INC (GPRE) has a value of 0.0168691, indicating a bearish trend.
Can you provide the support and resistance levels for GREEN PLAINS INC?
GREEN PLAINS INC (GPRE) has a support level at 10.06 and a resistance level at 10.57. Check the full technical report for our detailed analysis of GPRE support and resistance levels.