GENESCO INC (GCO) Stock Technical Analysis
USA - NYSE:GCO - US3715321028 - Common Stock
30.2 USD
+0.22 (+0.73%)
30.2 USD
0 (0%)
Overall GCO gets a technical rating of 7 out of 10. In the last year, GCO was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month GCO has a been trading in the 28.32 - 35.53 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GCO is part of the Specialty Retail industry. There are 122 other stocks in this industry. GCO outperforms 71% of them.
When comparing the yearly performance of all stocks, we notice that GCO is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GCO is lagging the market.
Considerably lower volume is observed in the last couple of days.
GCO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.21
35.06
5 important support areas can be observed.
- Support @30.19 from a horizontal line in the weekly time frame.
- A support zone ranging from 28.80 to 29.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.16 from a trend line in the weekly time frame.
- Support @22.67 from a trend line in the daily time frame.
- Support @19.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @33.36 from a horizontal line in the weekly time frame.
- Resistance @34.71 from a trend line in the daily time frame.
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 GCO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GCO is neutral. |
| ChartMill Relative Strength | 81.44 | POSITIVE | GCO has a high relative strength, it outperformed 81.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GCO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.13 | NEUTRAL | The RSI value for GCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests GCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.35 | NEUTRAL | The Stochastics value for GCO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for GCO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.24 | NEUTRAL | The ADX value for GCO suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.50 | 30.18 | 0.32 (1.05%) | 25.00% |
| An entry @30.50. This is a Buy Stop order right above the 10 day moving average. | An exit @30.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 1.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- The distance between exit and entry is rather small compared to the average daily movement of GCO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
30.2
+0.22 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.73%
1 Week-0.2%
2 Weeks-8.84%
1 Month-9.47%
3 Month35.73%
6 Month67.78%
12 Month7.09%
2 Year10.18%
3 Year-35.8%
5 Year70.43%
10 Year-51.8%
15 Year-7.81%
Volatility
ATR(14)1.28
ATR(20)%4.45%
ATR Inc-33.56%
Range Today0.68
ADR(20)1.31
ADR(20)%4.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.44
Mansfield-0.69
10 Day High33.51
10 Day Low28.32
20 Day High35.53
20 Day Low28.32
52 Week High44.8
52 Week Low16.19
CS1 End30.19
CR1 Start33.36
Volume & EV
DER(3)3.56%
DER(5)1.97%
Volume79.00K
Volume Incr-46.73%
Vol(5)101.20K
Vol(50)191.06K