GREEN BRICK PARTNERS INC (GRBK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GRBK - US3927091013 - Common Stock
Taking everything into account, GRBK scores 4 out of 10 in our technical rating. GRBK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, GRBK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 67.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 65.71, a Stop Loss order could be placed below this zone.
More info and screens
52.98
We found 4 important support areas.
- A support zone ranging from 62.60 to 65.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.60 from a horizontal line in the daily time frame.
- Support @56.64 from a trend line in the weekly time frame.
- Support @53.52 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 67.88 to 68.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.01 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 | UP | POSITIVE | The short term trend for GRBK is up. |
| ChartMill Relative Strength | 53.46 | 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 | MIXED | The current price of GRBK is above 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) | 50.99 | NEUTRAL | The RSI value for GRBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests GRBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.67 | NEUTRAL | The Stochastics value for GRBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for GRBK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.16 | NEGATIVE | The low ADX value for GRBK suggests a weak or negative trend. |
66.08
-0.9 (-1.34%)
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 4 / 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 50.9864. 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 positive.