GREEN BRICK PARTNERS INC (GRBK) Technical Analysis
NYSE:GRBK • US3927091013
Current stock price
GRBK Technical Rating and Analysis
Taking everything into account, GRBK scores 3 out of 10 in our technical rating. GRBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, GRBK outperforms 43% of them, which is more or less in line with the market.
- GRBK is an average performer in the Household Durables industry, it outperforms 67% of 60 stocks in the same industry.
- GRBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRBK is lagging the market.
- In the last month GRBK has a been trading in the 60.97 - 70.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRBK Weekly and Daily overview Charts
GRBK Setup Rating and Analysis
Although the technical rating is bad, GRBK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 61.94, a Stop Loss order could be placed below this zone.
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GRBK Support and Resistance Analysis
57.97
We found 2 important support areas.
- A support zone ranging from 61.26 to 61.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.56 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 66.71 to 67.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 69.00 to 69.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
GRBK 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 | NEUTRAL | NEUTRAL | The long term trend for GRBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRBK is neutral. |
| ChartMill Relative Strength | 43.79 | NEUTRAL | GRBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRBK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GRBK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.1 | NEUTRAL | The RSI value for GRBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests GRBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.02 | NEUTRAL | The Stochastics value for GRBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for GRBK suggests some volalility. |
| Average Directional Index/ADX (14) | 24.16 | NEUTRAL | The ADX value for GRBK suggests a possible start of a new trend. |
GRBK Chart- and CandleStick Pattern Analysis
GRBK Technicals: Chart, Performance Metrics, Trend & Indicators
65.69
+0.13 (+0.2%)
GREEN BRICK PARTNERS INC / GRBK TA FAQ
What is the ChartMill technical rating of GREEN BRICK PARTNERS INC (GRBK) stock?
ChartMill assigns a technical rating of 3 / 10 to GRBK.
Can you provide the trend direction for GREEN BRICK PARTNERS INC?
The current trend direction for GREEN BRICK PARTNERS INC (GRBK) is Bearish.
What is the RSI signal for GRBK stock?
GREEN BRICK PARTNERS INC (GRBK) has an RSI value of 47.0961. This indicates that the stock is currently neutral.
What is the support and resistance level for GRBK stock?
GREEN BRICK PARTNERS INC (GRBK) has a support level at 61.94 and a resistance level at 66.71. Check the full technical report for our detailed analysis of GRBK support and resistance levels.