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(GENCON) Generic Eng complete technical analysis [charts+indicators] | Buy/Sell Generic Eng | (GENCON) share price targets

Complete technical analysis of Generic Eng (GENCON) by charts plus indicators, forecast predictions and share price targets for Generic Eng (GENCON)

10 day averaged volume of Generic Eng is 30488

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 40.10 41.00 41.00 39.75 0.452 times
21 Tue May 2024 39.90 40.45 40.65 39.40 1.324 times
20 Mon May 2024 40.35 40.00 41.30 39.10 0.406 times
17 Fri May 2024 40.00 41.50 41.50 39.60 1.613 times
16 Thu May 2024 40.25 40.65 40.70 39.30 0.743 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.4 or till 38.1. Use a stoploss of 40.45 and if the stock hits stoploss, then it can shoot up till 41.52

Share price targets for Generic Eng (GENCON)

Target Type Value
Downside Target 37.20
Downside Target 38.05
Upside Target 41.25
Upside Target 42.40
Upside Target 43.70
Upside Target 43.80
Upside Target 47.35
Upside Target 47.50
Upside Target 50.50
Upside Target 50.80
Upside Target 51.70
Upside Target 64.15

Intraday share price targets for Generic Eng (GENCON)

Target Type Value
Downside Intraday Target 39.03
Downside Intraday Target 37.97
Upside Intraday Target 41.23
Upside Intraday Target 42.37
Upside Intraday Target 40.17

Weekly technical analysis of Generic Eng (GENCON)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 40.10 40.00 41.30 39.10 0.45 times
17 Fri May 2024 40.00 40.70 41.50 38.05 0.426 times
10 Fri May 2024 39.15 42.40 42.40 38.85 1.205 times
03 Fri May 2024 40.45 41.55 43.80 39.30 1.292 times
26 Fri Apr 2024 42.10 42.95 43.70 41.25 1.148 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Generic Eng (GENCON)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 40.10 41.80 42.60 38.05 0.466 times
30 Tue Apr 2024 41.70 38.60 50.80 38.60 0.667 times
28 Thu Mar 2024 37.80 49.00 50.50 37.20 0.747 times
29 Thu Feb 2024 48.85 54.25 64.15 47.50 28.744 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Generic Eng (GENCON)

Indicator Name Indicator Value Indicator Signal
ADX 14, 13, 4 Buy
MACD -2, -2Buy
Stochastics 60None
CCI 83Buy
RSI 51Buy
OBV -393283Sell
VWAP 40Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Generic Eng ( (GENCON) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Generic Eng ( (GENCON) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Generic Eng ( (GENCON) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Generic Eng ( (GENCON) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Generic Eng stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Generic Eng in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Generic Eng Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Generic Eng in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Generic Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.62 and Generic Eng (GENCON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Generic Eng (GENCON) stock. Volume based technical analysis of Generic Eng (GENCON) stock is negative.

Generic Eng Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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