GREEN PLAINS INC (GPRE) Stock Technical Analysis
NASDAQ:GPRE - Nasdaq - US3932221043 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to GPRE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GPRE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
GPRE is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. GPRE outperforms 90% of them.
GPRE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GPRE has an average volume of 1765070 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 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
GPRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GPRE is lagging the market.
Although GPRE has an excellent technical rating, it does not offer a high 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.
More info and screens
4.66
8.10
We found 3 important support areas.
- A support zone ranging from 7.90 to 7.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.65 to 7.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.71 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.02 to 8.02. 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 GPRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPRE is up. |
| ChartMill Relative Strength | 89.08 | POSITIVE | GPRE has a high relative strength, it outperformed 89.08% 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) | DOWN | MIXED | The current price of GPRE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 81.94 | OVERBOUGHT | The high RSI value suggests GPRE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GPRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.41 | OVERBOUGHT | The high Stochastics value suggests GPRE may be overbought. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for GPRE suggests high volalility. |
| Average Directional Index/ADX (14) | 58.23 | POSITIVE | The high ADX value value for GPRE suggests a strong 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)
7.96
+0.08 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.95%
1 Week-0.62%
2 Weeks14.04%
1 Month40.89%
3 Month134.12%
6 Month-22.42%
12 Month-52.19%
2 Year-77.58%
3 Year-77.9%
5 Year-38.44%
10 Year-64.54%
15 Year-14.04%
Volatility
ATR(14)0.44
ATR(20)%5.01%
ATR Inc-12.5%
Range Today0.41
ADR(20)0.39
ADR(20)%4.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.08
Mansfield-1.81
10 Day High8.34
10 Day Low6.79
20 Day High8.34
20 Day Low5.37
52 Week High18.14
52 Week Low3.14
CS1 End7.95
CR1 Start8.02
Volume & EV
DER(3)2.23%
DER(5)0.77%
Volume1.49M
Volume Incr-35.68%
Vol(5)1.35M
Vol(50)1.77M