GENCOR INDUSTRIES INC (GENC) Stock Technical Analysis
NYSEARCA:GENC - NYSE Arca - US3686781085 - Common Stock - Currency: USD
Taking everything into account, GENC scores 3 out of 10 in our technical rating. GENC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, GENC is a bad performer in the overall market: 87% of all stocks are doing better.
GENC is part of the Machinery industry. There are 127 other stocks in this industry, of which 79% are performing better than GENC.
GENC 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.
In the last month GENC has a been trading in the 13.60 - 15.47 range, which is quite wide. It is currently trading near the lows of this range.
Warning: GENC has an average volume of 22434 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
GENC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 13.83, a Stop Loss order could be placed below this zone.
More info and screens
13.69
15.51
When analyzing the support we notice one important area.
- A support zone ranging from 13.83 to 13.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @14.84 from a trend line in the daily time frame.
- A resistance zone ranging from 15.35 to 15.36. 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 | NEUTRAL | NEUTRAL | The long term trend for GENC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GENC is down. |
| ChartMill Relative Strength | 13.57 | NEGATIVE | GENC has a low relative strength, it was outperformed by 86.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GENC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GENC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GENC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.9 | NEUTRAL | The RSI value for GENC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests GENC has a negative trend. |
| Stochastics (14,3) | 16.88 | OVERSOLD | The low Stochastics value suggests GENC may be oversold. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for GENC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.76 | NEUTRAL | The ADX value for GENC suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
13.95
+0.11 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.79%
1 Week-5.93%
2 Weeks-6.94%
1 Month-0.85%
3 Month10.36%
6 Month-14.52%
12 Month-39.56%
2 Year-8.52%
3 Year40.77%
5 Year16.54%
10 Year227.29%
15 Year311.37%
Volatility
ATR(14)0.48
ATR(20)%4.54%
ATR Inc-33.27%
Range Today0.24
ADR(20)0.61
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.57
Mansfield-2.29
10 Day High15.47
10 Day Low13.73
20 Day High15.47
20 Day Low13.6
52 Week High24.88
52 Week Low10.8
CS1 End13.83
CR1 Start14.84
Volume & EV
DER(3)-3.07%
DER(5)-2.17%
Volume13.60K
Volume Incr-25.01%
Vol(5)20.70K
Vol(50)22.43K