GREEN BRICK PARTNERS INC (GRBK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GRBK - US3927091013 - Common Stock
We assign a technical rating of 7 out of 10 to GRBK. GRBK has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long and short term trends are both positive. This is looking good!
- GRBK is part of the Household Durables industry. There are 60 other stocks in this industry. GRBK outperforms 81% of them.
- When compared to the yearly performance of all other stocks, GRBK outperforms 67% of them, which is more or less in line with the market.
- 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 62.00 - 75.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRBK has an excellent technical rating, but the quality of the setup is only medium 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
56.33
3 important support areas can be observed.
- A support zone ranging from 62.71 to 64.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 61.60 to 61.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @56.90 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 75.25 to 75.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 77.37 to 77.37. 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 GRBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRBK is up. |
| ChartMill Relative Strength | 67.65 | 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) | UP | POSITIVE | The current price of GRBK is above the rising 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) | 50.12 | NEUTRAL | The RSI value for GRBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests GRBK has a negative trend. |
| Stochastics (14,3) | 53.72 | 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) | 21.34 | NEUTRAL | The ADX value for GRBK suggests a possible start of a new trend. |
68.8
-0.82 (-1.18%)
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 7 / 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 Bullish.
Can you provide the RSI signal for GREEN BRICK PARTNERS INC?
GREEN BRICK PARTNERS INC (GRBK) has an RSI value of 50.1168. This indicates that the stock is currently neutral.
What is the MACD signal for GREEN BRICK PARTNERS INC (GRBK) stock?
The MACD indicator for GREEN BRICK PARTNERS INC (GRBK) has a value of -0.221199, indicating a bearish trend.
What are the support and resistance levels for GREEN BRICK PARTNERS INC (GRBK) stock?
GREEN BRICK PARTNERS INC (GRBK) has a support level at 64.02 and a resistance level at 75.25. Check the full technical report for our detailed analysis of GRBK support and resistance levels.