GEN DIGITAL INC (GEN) Stock Technical Analysis
USA - NASDAQ:GEN - US6687711084 - Common Stock
We assign a technical rating of 0 out of 10 to GEN. GEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, GEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.06, a Stop Loss order could be placed below this zone.
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23.27
When analyzing the support we can see 4 important areas.
- A support zone ranging from 26.61 to 27.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @26.05 from a trend line in the weekly time frame.
- Support @24.22 from a horizontal line in the weekly time frame.
- A support zone ranging from 23.50 to 23.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 27.23 to 27.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.12 to 28.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.81 to 28.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @31.15 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for GEN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEN is down. |
| ChartMill Relative Strength | 24.29 | NEGATIVE | GEN has a low relative strength, it was outperformed by 75.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GEN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.62 | NEUTRAL | The RSI value for GEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GEN has a positive trend. |
| Stochastics (14,3) | 52.63 | NEUTRAL | The Stochastics value for GEN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for GEN suggests low volalility. |
| Average Directional Index/ADX (14) | 32.17 | POSITIVE | The high ADX value value for GEN suggests a strong trend. |
27.22
+0.03 (+0.11%)
GEN DIGITAL INC / GEN FAQ
What is the ChartMill technical rating of GEN DIGITAL INC (GEN) stock?
ChartMill assigns a technical rating of 0 / 10 to GEN.
What is the trend direction for GEN stock?
The current trend direction for GEN DIGITAL INC (GEN) is Bearish.
What is the RSI signal for GEN DIGITAL INC (GEN) stock?
GEN DIGITAL INC (GEN) has an RSI value of 42.6158. This indicates that the stock is currently neutral.
What is the buy/sell signal for GEN DIGITAL INC (GEN) stock?
The buy/sell signal for GEN DIGITAL INC (GEN) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GEN DIGITAL INC (GEN) stock?
GEN DIGITAL INC (GEN) has a support level at 27.06 and a resistance level at 27.23. Check the full technical report for our detailed analysis of GEN support and resistance levels.