GREEN PLAINS INC (GPRE) Technical Analysis
NASDAQ:GPRE • US3932221043
Current stock price
GPRE Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to GPRE. Both in the recent history as in the last year, GPRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, GPRE did better than 98% of all other stocks. On top of that, GPRE also shows a nice and consistent pattern of rising prices.
- GPRE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 97% of 209 stocks in the same industry.
- GPRE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GPRE is leading the market.
- GPRE has an average volume of 1673950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GPRE has a been trading in the 14.54 - 17.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GPRE Weekly and Daily overview Charts
GPRE Setup Rating and Analysis
Besides having an excellent technical rating, GPRE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.29, a Stop Loss order could be placed below this zone.
More info and screens
GPRE Support and Resistance Analysis
9.59
When analyzing the support we can see 6 important areas.
- A support zone ranging from 16.07 to 16.29. 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 15.36 to 15.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.97 from a trend line in the weekly time frame.
- Support @10.96 from a trend line in the daily time frame.
- Support @9.88 from a trend line in the weekly time frame.
- Support @9.69 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.97 to 16.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
GPRE 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 | UP | POSITIVE | The long term trend for GPRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPRE is up. |
| ChartMill Relative Strength | 98.38 | POSITIVE | GPRE has a high relative strength, it outperformed 98.38% off all stocks 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) | 61.64 | NEUTRAL | The RSI value for GPRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GPRE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.59 | NEUTRAL | The Stochastics value for GPRE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for GPRE suggests high volalility. |
| Average Directional Index/ADX (14) | 37.41 | POSITIVE | The high ADX value value for GPRE suggests a strong trend. |
GPRE Chart- and CandleStick Pattern Analysis
GPRE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.98 | 16.06 | 0.92 (5.42%) | 18.46% |
| An entry @16.98. This is a Buy Stop order right above the resistance zone. | An exit @16.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.92 points, which is 5.42%. | For a 1.00% total portfolio risk, you can invest 18.46% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GPRE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GPRE Technicals: Chart, Performance Metrics, Trend & Indicators
16.96
+0.73 (+4.5%)
GREEN PLAINS INC / GPRE TA FAQ
What is the technical rating for GPRE stock?
ChartMill assigns a technical rating of 10 / 10 to GPRE.
What is the trend direction for GPRE stock?
The current trend direction for GREEN PLAINS INC (GPRE) is Bullish.
Can you provide the RSI signal for GREEN PLAINS INC?
GREEN PLAINS INC (GPRE) has an RSI value of 61.6406. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GREEN PLAINS INC?
The MACD indicator for GREEN PLAINS INC (GPRE) has a value of -0.0427742, indicating a bearish trend.
What is the short term momentum for GREEN PLAINS INC (GPRE) stock?
The short term momentum for GREEN PLAINS INC (GPRE) is positive.