GENESCO INC (GCO) Stock Technical Analysis
NYSE:GCO • US3715321028
Taking everything into account, GCO scores 0 out of 10 in our technical rating. GCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 85% of all other stocks performed better in the past year than GCO.
- GCO is part of the Specialty Retail industry. There are 120 other stocks in this industry, of which 75% are performing better than GCO.
- In the last month GCO has a been trading in the 27.07 - 38.95 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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.
The technical rating of GCO is bad and it also does not present a quality setup 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
22.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.39 to 27.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.08 from a trend line in the weekly time frame.
- Support @22.57 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 29.07 to 29.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.39 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for GCO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GCO is down. |
| ChartMill Relative Strength | 15.49 | NEGATIVE | GCO has a low relative strength, it was outperformed by 84.51% 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) | 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) | 41.26 | NEUTRAL | The RSI value for GCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests GCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.65 | OVERSOLD | The low Stochastics value suggests GCO may be oversold. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for GCO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.36 | NEUTRAL | The ADX value for GCO suggests a possible start of a new trend. |
27.76
-0.66 (-2.32%)
GENESCO INC / GCO FAQ
What is the technical rating for GCO stock?
ChartMill assigns a technical rating of 0 / 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 41.2567. 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 negative.
Can you provide the support and resistance levels for GENESCO INC?
GENESCO INC (GCO) has a support level at 27.75 and a resistance level at 29.07. Check the full technical report for our detailed analysis of GCO support and resistance levels.