GREEN BRICK PARTNERS INC (GRBK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GRBK - US3927091013 - Common Stock
Taking everything into account, GRBK scores 1 out of 10 in our technical rating. GRBK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of GRBK is bad and it also does not present a 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.
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52.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 61.60 to 63.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.46 from a trend line in the weekly time frame.
- Support @53.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 65.28 to 65.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.50 from a trend line 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 | 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 | 29.93 | NEGATIVE | GRBK has a low relative strength, it was outperformed by 70.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GRBK is above a declining 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 | POSITIVE | The current price of GRBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.1 | NEUTRAL | The RSI value for GRBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests GRBK has a positive trend. |
| Stochastics (14,3) | 47.75 | NEUTRAL | The Stochastics value for GRBK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for GRBK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.63 | NEGATIVE | The low ADX value for GRBK suggests a weak or negative trend. |
65.27
+3.29 (+5.31%)
GREEN BRICK PARTNERS INC / GRBK FAQ
What is the ChartMill technical rating of GREEN BRICK PARTNERS INC (GRBK) stock?
ChartMill assigns a technical rating of 1 / 10 to GRBK.
What is the trend direction for GRBK stock?
The current trend direction for GREEN BRICK PARTNERS INC (GRBK) is Bearish.
Can you provide the RSI signal for GREEN BRICK PARTNERS INC?
GREEN BRICK PARTNERS INC (GRBK) has an RSI value of 52.0972. This indicates that the stock is currently neutral.
What is the short term momentum for GRBK stock?
The short term momentum for GREEN BRICK PARTNERS INC (GRBK) is neutral.