GABC NEWS why is German American Bancorp, Inc. price falling or rising

GABC NEWS reasons for why stock price of German American Bancorp, Inc. is falling or rising

GABC German American is falling or rising technical reasons

Technical analysis forecast of German American Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in German American GABC at this time. Stock is rising and might rise more.

It appears as if German American GABC gave a large move recently.

Stock of German American (GABC) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of German American is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if German American stays above 32.9, but if it comes below 32.9, then a intra day sell could be more profitable.
If you take a sell trade below 32.9, then use 32.9 as stoploss and 32.41 as target. However if you take a buy trade in German American, then use 32.9 as stoploss and 33.5 as target.

GABC German American is falling or rising NEWS fundamental reasons

More announcements and NEWS

GABC German American Bancorp, Inc. current price & indicator signals

Moving Averages for German American Bancorp, Inc.

  • 5Day Average: 32.53
  • 12Day Average: 32.24
  • 20Day Average: 32.41
  • 50Day Average: 32.65
  • 100Day Average: 32.4
  • 150Day Average: 31.46
  • 200Day Average: 30.65

GABC Indicators & signals

Indicator MACD (12,26,9)

32.43, 32.43, -0.09
Indicator MACD is in positive zone

Indicator ADX (14)

17.24, 26.98, 19.05
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GABC German American Bancorp, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
15 Wed May 2024 32.93 32.73 to 33.07 0.86% 0.62 times
14 Tue May 2024 32.65 32.38 to 32.69 1.21% 0.75 times
13 Mon May 2024 32.26 32.26 to 32.77 -0.31% 0.56 times
10 Fri May 2024 32.36 32.20 to 32.61 -0.22% 0.41 times
09 Thu May 2024 32.43 32.11 to 32.47 0.37% 0.95 times
08 Wed May 2024 32.31 31.77 to 32.47 0.56% 0.69 times
07 Tue May 2024 32.13 32.10 to 32.68 -0.4% 0.81 times
06 Mon May 2024 32.26 31.94 to 32.41 0.34% 2.32 times
03 Fri May 2024 32.15 31.88 to 32.29 0.59% 1.16 times
02 Thu May 2024 31.96 31.83 to 32.21 0.88% 1.15 times
01 Wed May 2024 31.68 31.52 to 32.02 -0.16% 1.2 times
30 Tue Apr 2024 31.73 31.35 to 32.10 -0.94% 0.75 times

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