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Grupo Financiero Banorte, S.A.B. de C.V.

GBOOF•PNK
Financial Services
Banks - Regional
$11.76
$-0.33(-2.71%)
U.S. Market opens in 0h 51m

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

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

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

GBOOF Technical Analysis Summary

Grupo Financiero Banorte, S.A.B. de C.V. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.12)
Trend Strength:Strong (ADX: 35.89)
Volatility:High (ATR: 0.82)
Support/Resistance:$11.18 – $12.54 (Bollinger Bands)

This mix signals that Grupo Financiero Banorte, S.A.B. de C.V. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.12

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 58.49

Neutral
Mid-range signal with no clear trend.

Williams %R: -44.85

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.73

Neutral
Price change is minimal.

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.36

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.89

Strong
Strong trend, momentum well established.

ATR (14): 0.82

Low
Low volatility, stable price action.

CCI (14): -212.91

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.54
Middle Band (SMA 20)
$11.86
Lower Band
$11.18
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
$13.27
Middle Line (EMA 20)
$11.63
Lower Channel
$9.99
Squeeze Status
Squeeze On

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-154.63K
Money Flow Index20.06Bearish, selling pressure outweighs inflows.
Relative Vigor Index46.25Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GBOOF shows bearish money flow, with sellers dominating volume and vigor.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Grupo Financiero Banorte, S.A.B. de C.V. are mixed, suggesting a Hold or wait-and-see approach.

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