GEN DIGITAL INC (GEN) Stock Technical Analysis
NASDAQ:GEN • US6687711084
Taking everything into account, GEN scores 0 out of 10 in our technical rating. GEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GEN is a bad performer in the overall market: 80% of all stocks are doing better.
- GEN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- GEN is one of the better performing stocks in the Software industry, it outperforms 73% of 277 stocks in the same industry.
- GEN has an average volume of 5699540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GEN has a been trading in the 22.14 - 26.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
GEN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.71, a Stop Loss order could be placed below this zone.
More info and screens
23.47
We found 1 important support area.
- Support @23.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 24.25 to 25.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.75 to 26.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.36 from a horizontal line in the daily time frame.
- Resistance @28.81 from a horizontal line 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 | 20.37 | NEGATIVE | GEN has a low relative strength, it was outperformed by 79.63% 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) | DOWN | NEGATIVE | The current price of GEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.92 | NEUTRAL | The RSI value for GEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.08 | NEUTRAL | The Stochastics value for GEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for GEN suggests some volalility. |
| Average Directional Index/ADX (14) | 32.1 | POSITIVE | The high ADX value value for GEN suggests a strong trend. |
23.72
+0.17 (+0.72%)
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.
Can you provide the trend direction for GEN DIGITAL INC?
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 41.9189. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GEN DIGITAL INC?
The short term momentum for GEN DIGITAL INC (GEN) is negative.
What is the support and resistance level for GEN stock?
GEN DIGITAL INC (GEN) has a support level at 23.71 and a resistance level at 24.25. Check the full technical report for our detailed analysis of GEN support and resistance levels.