Great Western Bancorp Inc (GWB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GWB - Common Stock
Taking everything into account, GWB scores 1 out of 10 in our technical rating. GWB 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 technical rating of GWB 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.
More info and screens
27.80
We found 1 important support area.
- A support zone ranging from 28.08 to 28.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @32.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 33.26 to 33.42. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for GWB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GWB is down. |
| ChartMill Relative Strength | 74.46 | POSITIVE | GWB has a high relative strength, it outperformed 74.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GWB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GWB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GWB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.03 | NEUTRAL | The RSI value for GWB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests GWB has a negative trend. |
| Stochastics (14,3) | 7.18 | OVERSOLD | The low Stochastics value suggests GWB may be oversold. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for GWB suggests some volalility. |
30.88
-0.5 (-1.59%)
Great Western Bancorp Inc / GWB FAQ
What is the technical rating for GWB stock?
ChartMill assigns a technical rating of 1 / 10 to GWB.
What is the current trend direction of Great Western Bancorp Inc (GWB) stock?
The current trend direction for Great Western Bancorp Inc (GWB) is Bearish.
What is the RSI signal for GWB stock?
Great Western Bancorp Inc (GWB) has an RSI value of 31.032. This indicates that the stock is currently neutral.
What is the short term momentum for GWB stock?
The short term momentum for Great Western Bancorp Inc (GWB) is negative.
Can you provide the support and resistance levels for Great Western Bancorp Inc?
Great Western Bancorp Inc (GWB) has a support level at 28.15 and a resistance level at 32.69. Check the full technical report for our detailed analysis of GWB support and resistance levels.