Taking everything into account, GPRE scores 8 out of 10 in our technical rating. Although GPRE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- GPRE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 73% of 207 stocks in the same industry.
- GPRE 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 GPRE has a been trading in the 9.44 - 12.28 range, which is quite wide. It is currently trading near the high of this range.
- GPRE has an average volume of 1256380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, GPRE did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Volume is considerably higher in the last couple of days.
Although GPRE has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
9.31
When analyzing the support we can see 5 important areas.
- Support @11.13 from a horizontal line in the daily time frame.
- A support zone ranging from 10.18 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.98 from a trend line in the daily time frame.
- A support zone ranging from 9.56 to 9.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.40 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @11.70 from a horizontal line in the weekly time frame.
- Resistance @12.03 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for GPRE is up. |
| ChartMill Relative Strength | 77.15 | POSITIVE | GPRE has a high relative strength, it outperformed 77.15% 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) | 63.05 | NEUTRAL | The RSI value for GPRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests GPRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.81 | OVERBOUGHT | The high Stochastics value suggests GPRE may be overbought. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for GPRE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.31 | POSITIVE | The high ADX value value for GPRE suggests a strong trend. |
11.69
-0.18 (-1.52%)
GREEN PLAINS INC / GPRE FAQ
What is the technical rating for GPRE stock?
ChartMill assigns a technical rating of 8 / 10 to GPRE.
What is the trend direction for GPRE stock?
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 63.0518. This indicates that the stock is currently neutral.
What is the short term momentum for GPRE stock?
The short term momentum for GREEN PLAINS INC (GPRE) is positive.
What is the buy/sell signal for GPRE stock?
The buy/sell signal for GREEN PLAINS INC (GPRE) is buy as both the short term and long term trends are positive.