GENESCO INC (GCO) Stock Technical Analysis
USA - NYSE:GCO - US3715321028 - Common Stock
Taking everything into account, GCO scores 5 out of 10 in our technical rating. In the last year, GCO 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.
GCO 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 resistance zone just above the current price starting at 32.12. Right above this resistance zone may be a good entry point.
More info and screens
25.36
When analyzing the support we can see 4 important areas.
- Support @30.17 from a trend line in the daily time frame.
- A support zone ranging from 28.19 to 28.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.15 to 26.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.62 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 32.12 to 32.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 33.37 to 33.62. 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 GCO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GCO is neutral. |
| ChartMill Relative Strength | 58.63 | NEUTRAL | GCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GCO is below 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) | DOWN | MIXED | The current price of GCO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.86 | NEUTRAL | The RSI value for GCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.04 | NEUTRAL | The Stochastics value for GCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for GCO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.92 | NEGATIVE | The low ADX value for GCO suggests a weak or negative trend. |
30.49
-0.26 (-0.85%)
GENESCO INC / GCO FAQ
What is the technical rating for GCO stock?
ChartMill assigns a technical rating of 5 / 10 to GCO.
What is the trend direction for GCO stock?
The current trend direction for GENESCO INC (GCO) is Bullish.
What is the RSI signal for GENESCO INC (GCO) stock?
GENESCO INC (GCO) has an RSI value of 49.864. This indicates that the stock is currently neutral.
What is the short term momentum for GCO stock?
The short term momentum for GENESCO INC (GCO) is neutral.