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

GBOOY•PNK
Financial Services
Banks - Regional
$56.00
$-0.38(-0.67%)
U.S. Market opens in 0h 11m

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. (PNK:GBOOY).

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 bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.89)
Trend Strength:Strong (ADX: 33.76)
Volatility:Medium (ATR: 2.69)
Support/Resistance:$51.18 – $56.49 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 54.89

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 56.03

Neutral
Mid-range signal with no clear trend.

Williams %R: -48.44

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 6.42

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.76

Strong
Strong trend, momentum well established.

ATR (14): 2.69

Medium
Medium volatility, healthy price movement.

CCI (14): 165.93

Bearish Risk
Bearish risk, overbought levels suggest caution.

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
$56.49
Middle Band (SMA 20)
$53.83
Lower Band
$51.18
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
$59.84
Middle Line (EMA 20)
$54.46
Lower Channel
$49.07
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 Volume204.45K
Money Flow Index68.01Bullish, inflows support continued momentum.
Relative Vigor Index54.74Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:GBOOY shows bullish money flow, with volume and vigor supporting buyers.

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.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

No significant bearish signals detected.

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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