Londinia Opportunities Analyses - 05/14/2024 (GMT) GREENBRIER COMPANIES INC. THE - 1H

GREENBRIER COMPANIES INC. THE
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: GBX
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 52.62 USD
My targets
55.40 USD (+2.67%)
57.66 USD (+6.86%)
My analysis
GREENBRIER COMPANIES INC. THE is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 52.62 USD. The next resistance located at 55.40 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 57.66 USD. After this resistance, buyers could then target 59.90 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

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Additional analysis

Quotes

GREENBRIER COMPANIES INC. THE rating 53.96 USD. The price has increased by +1.39% since the last closing with the lowest point at 53.34 USD and the highest point at 53.99 USD. The deviation from the price is +1.16% for the low point and -0.06% for the high point.

53.34
53.99
53.96

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GREENBRIER COMPANIES INC. THE:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GREENBRIER COMPANIES INC. THE chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 50.43 51.91 52.62 53.96 54.17 57.66 59.90
Change (%) -6.54% -3.80% -2.48% - +0.39% +6.86% +11.01%
Change -3.53 -2.05 -1.34 - +0.21 +3.70 +5.94
Level Major Intermediate Intermediate - Major Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard52.1152.6652.9453.4953.7754.3254.60
Camarilla52.9953.0753.1453.2253.3053.3753.45
Woodie51.9852.5952.8153.4253.6454.2554.47
Fibonacci52.6652.9853.1753.4953.8154.0054.32


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard49.1350.2251.7252.8154.3155.4056.90
Camarilla52.5152.7552.9853.2253.4653.7053.93
Woodie49.3450.3251.9352.9154.5255.5057.11
Fibonacci50.2251.2151.8252.8153.8054.4155.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37.6343.2946.3452.0055.0560.7163.76
Camarilla47.0047.7948.5949.3950.1950.9951.79
Woodie36.3342.6445.0451.3553.7560.0662.46
Fibonacci43.2946.6248.6752.0055.3357.3860.71

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.97
MACD (12,26,9): 0.2400
Directional Movement: 5.13
AROON (14): 28.57
DEMA (21): 53.81
Parabolic SAR (0,02-0,02-0,2): 53.24
Elder Ray (13): 0.16
Super Trend (3,10): 52.73
Zig ZAG (10): 53.80
VORTEX (21): 1.0200
Stochastique (14,3,5): 77.74
TEMA (21): 53.79
Williams %R (14): -23.85
Chande Momentum Oscillator (20): 0.33
Repulse (5,40,3): -0.0500
ROCnROLL: 1
TRIX (15,9): 0.0600
Courbe Coppock: 1.91
MA7: 52.86
MA20: 52.03
MA50: 51.29
MA100: 48.85
MAexp7: 53.68
MAexp20: 53.48
MAexp50: 52.99
MAexp100: 52.53
Price / MA7: +2.08%
Price / MA20: +3.71%
Price / MA50: +5.21%
Price / MA100: +10.46%
Price / MAexp7: +0.52%
Price / MAexp20: +0.90%
Price / MAexp50: +1.83%
Price / MAexp100: +2.72%

Quotes : - 15 min delayed data - Actions NYSE