GENPACT LTD (G) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:G - BMG3922B1072 - Common Stock
Taking everything into account, G scores 4 out of 10 in our technical rating. In the last year, G was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month G has a been trading in the 44.49 - 48.42 range, which is quite wide. It is currently trading near the lows of this range.
- G is one of the better performing stocks in the IT Services industry, it outperforms 73% of 88 stocks in the same industry.
- G has an average volume of 1582580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, G turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- G is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so G is lagging the market.
G has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for G in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
37.96
When analyzing the support we can see 4 important areas.
- A support zone ranging from 44.44 to 45.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.73 from a horizontal line in the daily time frame.
- Support @39.45 from a trend line in the weekly time frame.
- Support @38.34 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 45.62 to 46.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.81 to 48.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for G is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for G is down. |
| ChartMill Relative Strength | 57.79 | NEUTRAL | G is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of G is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of G is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of G is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.21 | NEUTRAL | The RSI value for G is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests G has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.93 | NEUTRAL | The Stochastics value for G is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for G suggests some volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for G suggests a possible start of a new trend. |
45.48
-0.32 (-0.7%)
GENPACT LTD / G FAQ
What is the technical rating for G stock?
ChartMill assigns a technical rating of 4 / 10 to G.
What is the trend direction for G stock?
The current trend direction for GENPACT LTD (G) is Bullish.
What is the RSI signal for G stock?
GENPACT LTD (G) has an RSI value of 44.2063. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GENPACT LTD?
The short term momentum for GENPACT LTD (G) is negative.
Can you provide the buy/sell signal for GENPACT LTD?
The buy/sell signal for GENPACT LTD (G) is hold as the short term and long term trends are mixed.