GENESCO INC (GCO) Technical Analysis
NYSE:GCO • US3715321028
Current stock price
GCO Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to GCO. GCO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, GCO did better than 87% of all other stocks. We also observe that the gains produced by GCO over the past year are nicely spread over this period.
- GCO is one of the better performing stocks in the Specialty Retail industry, it outperforms 85% of 123 stocks in the same industry.
- GCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GCO is lagging the market slightly.
- In the last month GCO has a been trading in the 27.25 - 37.54 range, which is quite wide. It is currently trading near the high of this range.
GCO Weekly and Daily overview Charts
GCO Setup Rating and Analysis
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
GCO Support and Resistance Analysis
24.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.01 to 35.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.02 from a trend line in the daily time frame.
- Support @25.43 from a trend line in the weekly time frame.
- Support @24.62 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @36.44 from a trend line in the weekly time frame.
- A resistance zone ranging from 37.78 to 38.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for GCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GCO is up. |
| ChartMill Relative Strength | 87.03 | POSITIVE | GCO has a high relative strength, it outperformed 87.03% 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) | UP | POSITIVE | The current price of GCO is above the rising 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) | 67.63 | NEUTRAL | The RSI value for GCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests GCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.54 | OVERBOUGHT | The high Stochastics value suggests GCO may be overbought. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for GCO suggests some volalility. |
| Average Directional Index/ADX (14) | 39.85 | POSITIVE | The high ADX value value for GCO suggests a strong trend. |
GCO Chart- and CandleStick Pattern Analysis
GCO Technicals: Chart, Performance Metrics, Trend & Indicators
35.15
-0.52 (-1.46%)
GENESCO INC / GCO TA FAQ
What is the technical rating for GCO stock?
ChartMill assigns a technical rating of 10 / 10 to GCO.
Can you provide the trend direction for GENESCO INC?
The current trend direction for GENESCO INC (GCO) is Bullish.
Can you provide the RSI signal for GENESCO INC?
GENESCO INC (GCO) has an RSI value of 67.6341. This indicates that the stock is currently neutral.
What is the MACD signal for GCO stock?
The MACD indicator for GENESCO INC (GCO) has a value of 0.297039, indicating a bearish trend.
What is the buy/sell signal for GCO stock?
The buy/sell signal for GENESCO INC (GCO) is buy as both the short term and long term trends are positive.