Meyka AI API is live for developers.Start building.
Advertisement
Grupo Financiero Banorte, S.A.B. de C.V.

Grupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Grupo Financiero Banorte, S.A.B. de C.V..

GBOOY●PNK
Financial ServicesBanks - Regional
$50.87
$1.09(2.10%)
U.S. Market opens in 51h 30m
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GBOOY Technical Analysis Summary

Grupo Financiero Banorte, S.A.B. de C.V. stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.79)
Trend Strength:Strong (ADX: 34.63)
Volatility:Medium (ATR: 2.37)
Support/Resistance:$50.63 – $57.73 (Bollinger Bands)

Technical conditions suggest Grupo Financiero Banorte, S.A.B. de C.V. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 35.79

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 7.73

Bullish
Oversold zone signals rebound potential.

Williams %R: -99.18

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.44

Bearish
Selling pressure outweighs buying.

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.93

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.63

Strong
Strong trend, momentum well established.

ATR (14): 2.37

Medium
Medium volatility, healthy price movement.

CCI (14): -112.26

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$57.73
Middle Band (SMA 20)
$54.18
Lower Band
$50.63
Current Position
Within Bands

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$58.45
Middle Line (EMA 20)
$53.72
Lower Channel
$48.99
Squeeze Status
Squeeze On

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-525.99K
Money Flow Index50.19Neutral, balanced money flows with no clear signal.
Relative Vigor Index25.71Bearish, price momentum favors sellers.

Overall Takeaway:GBOOY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Grupo Financiero Banorte, S.A.B. de C.V., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Grupo Financiero Banorte, S.A.B. de C.V. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ