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

GBOOF•PNK
Financial Services
Banks - Regional
$11.68
$0.38(3.32%)
U.S. Market is Open • 11:09

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.91)
Trend Strength:Weak (ADX: 16.79)
Volatility:High (ATR: 0.93)
Support/Resistance:$9.67 – $12.04 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 52.91

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 69.29

Bullish
Buying momentum building without extremes.

Williams %R: -25.47

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 8.02

Strongly Bullish
Strong upside momentum.

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.79

Weak
Weak trend, market trading sideways.

ATR (14): 0.93

Low
Low volatility, stable price action.

CCI (14): 125.32

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.04
Middle Band (SMA 20)
$10.85
Lower Band
$9.67
Current Position
Within Bands

Takeaway:Grupo Financiero Banorte, S.A.B. de C.V. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$12.87
Middle Line (EMA 20)
$11.02
Lower Channel
$9.16
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-61.27K
Money Flow Index80.33Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index62.95Bullish, price momentum strongly favors buyers.

Overall Takeaway:GBOOF shows overheated money flow, with risk of pullback from overbought conditions.

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.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Grupo Financiero Banorte, S.A.B. de C.V. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ