A Deep Analysis of German American Bancorp, Inc. (NASDAQ:GABC) (2020-01-06)

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REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how GABC has been trading over the last 2 weeks and the past day especially. On its latest session, German American Bancorp, Inc. (NASDAQ:GABC) opened at 35.1, reaching a high of 35.405 and a low of 34.96 before closing at a price of 35.35. There was a total volume of 51871.

VOLUME INDICATORS FOR GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC): We saw an accumulation-distribution index of 864.93882, an on-balance volume of 35.5, chaikin money flow of 1.91803 and a force index of 0.1134. There was an ease of movement rating of -0.00069, a volume-price trend of 2.70528 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC): We noted an average true range of 0.28466, bolinger bands of 35.18971, an upper bollinger band of 34.85029, lower bollinger band of 34.96, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 35.155, high band keltner channel of 34.85, low band keltner channel of 35.46, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 34.96, a donchian channel low band of 34.96, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC): We calculated a Moving Average Convergence Divergence (MACD) of 0.00269, a MACD signal of 0.0015, a MACD difference of 0.0012, a fast Exponential Moving Average (EMA) indicator of 34.96, a slow Exponential Moving Average (EMA) indicator of 34.96, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.04444, a trix of 4.74396, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -2.49956, a KST Oscillator (KST) of 77.0034 and a KST Oscillator (KST Signal) of 77.0034 (leaving a KST difference of 0.9242). We also found an Ichimoku rating of 35.2525, an Ichimoku B rating of 35.2525, a Ichimoku visual trend A of 33.21638, an Ichimoku visual trend B of 33.75354, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 94.69609, a stochastic oscillator of 145.90164, a stochastic oscillator signal of 145.90164, a Williams %R rating of 45.90164 and an awesome oscillator of 0.0735.

RETURNS FOR GERMAN AMERICAN BANCORP, INC. (NASDAQ:GABC): There was a daily return of 7.70034, a daily log return of 0.34266 and a cumulative return of 0.34325.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for German American Bancorp, Inc. (NASDAQ:GABC)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling German American Bancorp, Inc. (NASDAQ:GABC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.