GERMAN AMERICAN BANCORP (GABC) Stock Technical Analysis
NASDAQ:GABC - Nasdaq - US3738651047 - Common Stock - Currency: USD
Taking everything into account, GABC scores 1 out of 10 in our technical rating. GABC 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
Looking at the yearly performance, GABC did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GABC is part of the Banks industry. There are 398 other stocks in this industry, GABC did better than 55% of them.
GABC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month GABC has a been trading in the 32.75 - 38.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GABC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
33.97
42.14
When analyzing the support we can see 2 important areas.
- Support @37.00 from a trend line in the daily time frame.
- A support zone ranging from 34.31 to 34.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @40.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 41.34 to 41.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.77
Mansfield-0.03
10 Day High37.5
10 Day Low33.6
20 Day High38.45
20 Day Low32.75
52 Week High47.08
52 Week Low31.06
Performance
1 Week4.05%
2 Weeks3.09%
1 Month-2.76%
3 Month-5.68%
6 Month-5.44%
12 Month14.73%
2 Year27.28%
3 Year5.41%
5 Year24.45%
10 Year93.99%
15 Year248.84%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.31
RSI(14)53.73
LBB33.75
UBB37.05
37
+0.26 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.71%
1 Week4.05%
2 Weeks3.09%
1 Month-2.76%
3 Month-5.68%
6 Month-5.44%
12 Month14.73%
2 Year27.28%
3 Year5.41%
5 Year24.45%
10 Year93.99%
15 Year248.84%
Volatility
ATR(14)1.67
ATR(20)%4%
ATR Inc-46.08%
Range Today0.75
ADR(20)1.39
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.77
Mansfield-0.03
10 Day High37.5
10 Day Low33.6
20 Day High38.45
20 Day Low32.75
52 Week High47.08
52 Week Low31.06
CS1 End37
CR1 Start40.24
Volume & EV
DER(3)-0.78%
DER(5)-1.73%
Volume111.80K
Volume Incr-24.88%
Vol(5)117.10K
Vol(50)131.47K