GENESCO INC (GCO) Technical Analysis
NYSE:GCO • US3715321028
Current stock price
GCO Technical Rating and Analysis
Overall GCO gets a technical rating of 5 out of 10. In the past year, GCO was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- GCO is one of the better performing stocks in the Specialty Retail industry, it outperforms 85% of 123 stocks in the same industry.
- Looking at the yearly performance, GCO did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- GCO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GCO is lagging the market slightly.
- In the last month GCO has a been trading in the 24.38 - 31.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GCO Weekly and Daily overview Charts
GCO Setup Rating and Analysis
GCO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GCO 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
GCO Support and Resistance Analysis
22.90
2 important support areas can be observed.
- A support zone ranging from 24.84 to 25.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.13 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.61 to 28.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @36.82 from a trend line in the weekly time frame.
GCO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for GCO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GCO is up. |
| ChartMill Relative Strength | 84.15 | POSITIVE | GCO has a high relative strength, it outperformed 84.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.37 | NEUTRAL | The RSI value for GCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests GCO has a positive trend. |
| Stochastics (14,3) | 74.42 | NEUTRAL | The Stochastics value for GCO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for GCO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.95 | NEGATIVE | The low ADX value for GCO suggests a weak or negative trend. |
GCO Chart- and CandleStick Pattern Analysis
GCO Technicals: Chart, Performance Metrics, Trend & Indicators
27.97
-0.83 (-2.88%)
GENESCO INC / GCO TA FAQ
What is the technical rating for GCO stock?
ChartMill assigns a technical rating of 5 / 10 to GCO.
Can you provide the trend direction for GENESCO INC?
The current trend direction for GENESCO INC (GCO) is Bearish.
What is the RSI signal for GCO stock?
GENESCO INC (GCO) has an RSI value of 55.3728. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GENESCO INC?
The short term momentum for GENESCO INC (GCO) is positive.
Can you provide the support and resistance levels for GENESCO INC?
GENESCO INC (GCO) has a support level at 25.08 and a resistance level at 28.61. Check the full technical report for our detailed analysis of GCO support and resistance levels.