Technical Analysis for GBOOY - Grupo Financiero Banorte, S.A.B. de C.V

Grade Last Price % Change Price Change
grade A 28.22 0.68% 0.1900
GBOOY closed up 0.68 percent on Tuesday, October 22, 2019, on 44 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical GBOOY trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
20 DMA Support Bullish 0.00%
Inside Day Range Contraction 0.00%
200 DMA Support Bullish 0.68%
20 DMA Support Bullish 0.68%
50 DMA Support Bullish 0.68%
Wide Range Bar Range Expansion 0.68%
Upper Bollinger Band Touch Strength 0.68%
Lower Bollinger Band Touch Weakness 0.68%
Upper Bollinger Band Touch Strength 0.75%

Older signals for GBOOY ...

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Profile
Banorte operates as a financial group known as Grupo Financiero Banorte (GFNorte), offering universal banking products, a wide array of products and services through its broker dealer, annuities & insurance companies, retirements savings funds (Afore), mutual funds, leasing & factoring company and warehousing. As of September 2016, GFNorte manages US 118 billion in assets. Banorte, GFNorte´s banking subsidiary, is currently the third largest banking institution in Mexico measured by size of deposits and the fourth by loans. As well as increasing its market shares, Banorte has consolidated its position as one of Mexico's most profitable banks and is recognized for its strong fundamentals by showing sound asset quality, as well as a solid capitalization ratio. With more than 12 million clients in the banking sector, 27 thousand employees serve a footprint of 1,175 branches, 7,598 ATMs and 23,708 contact points through third party correspondents nationwide. Banorte is the full retail bank, among the six largest institutions, that is managed by a Mexican executive team. GFNorte’s shares trade in the Mexican Stock Exchange (BMV) with the ticker “GFNORTEO” – being the second most liquid stock in Mexico and one of the companies with the largest float of approximately 90% -, in the Madrid Stock Exchange under the symbol “XNOR” and in the US through a listed ADR in the OTCQX market under “GBOOY”.
Financial Services Bank Banking Insurance Banorte Financial Mexican Stock Exchange Retail Bank Universal Banking Products
Is GBOOY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 34.39
52 Week Low 20.0
Average Volume 15,482
200-Day Moving Average 27.792
50-Day Moving Average 26.9671
20-Day Moving Average 27.6275
10-Day Moving Average 28.031
Average True Range 1.336
ADX 20.2
+DI 15.4323
-DI 19.257
Chandelier Exit (Long, 3 ATRs ) 25.492
Chandelier Exit (Short, 3 ATRs ) 30.098
Upper Bollinger Band 29.018
Lower Bollinger Band 26.237
Percent B (%b) 0.71
BandWidth 10.066057
MACD Line 0.2984
MACD Signal Line 0.2846
MACD Histogram 0.0138
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.2599
Resistance 3 (R3) 30.2765 29.6132 29.9199
Resistance 2 (R2) 29.6132 29.0937 29.6049 29.8065
Resistance 1 (R1) 28.9166 28.7728 29.2649 28.9000 29.6932
Pivot Point 28.2533 28.2533 28.4275 28.2450 28.2533
Support 1 (S1) 27.5567 27.7338 27.9050 27.5401 26.7468
Support 2 (S2) 26.8934 27.4129 26.8851 26.6335
Support 3 (S3) 26.1968 26.8934 26.5201
Support 4 (S4) 26.1802