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

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..

GBOOF●PNK
Financial ServicesBanks - Regional
$10.29
$0.54(5.59%)
U.S. Market opens in 16h 16m
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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 Bearish (RSI: 40.44)
Trend Strength:Weak (ADX: 11.89)
Volatility:High (ATR: 0.85)
Support/Resistance:$9.81 – $11.93 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 40.44

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.52

Bearish
Momentum remains weak below midpoint.

Williams %R: -95.85

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.87

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.27

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.89

Weak
Weak trend, market trading sideways.

ATR (14): 0.85

Low
Low volatility, stable price action.

CCI (14): -115.27

Bearish
Bearish, oversold conditions may spark rebound.

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
$11.93
Middle Band (SMA 20)
$10.87
Lower Band
$9.81
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
$12.46
Middle Line (EMA 20)
$10.76
Lower Channel
$9.05
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-41.87K
Money Flow Index34.36Bearish, selling pressure outweighs inflows.
Relative Vigor Index44.89Neutral 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

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.

Technical Analysis FAQ