GENCOR INDUSTRIES INC (GENC) Stock Technical Analysis
USA - NYSEARCA:GENC - US3686781085 - Common Stock
Taking everything into account, GENC scores 0 out of 10 in our technical rating. GENC'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, GENC 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 14.21. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GENC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.31
When analyzing the support we notice one important area.
- Support @13.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.21 to 14.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for GENC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GENC is down. |
| ChartMill Relative Strength | 11.33 | NEGATIVE | GENC has a low relative strength, it was outperformed by 88.67% 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) | DOWN | NEGATIVE | The current price of GENC is below a declining 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) | 38.56 | NEUTRAL | The RSI value for GENC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GENC has a negative trend. |
| Stochastics (14,3) | 28.31 | NEUTRAL | The Stochastics value for GENC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for GENC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.22 | POSITIVE | The high ADX value value for GENC suggests a strong trend. |
13.45
-0.14 (-1.03%)
GENCOR INDUSTRIES INC / GENC FAQ
What is the technical rating for GENC stock?
ChartMill assigns a technical rating of 0 / 10 to GENC.
What is the current trend direction of GENCOR INDUSTRIES INC (GENC) stock?
The current trend direction for GENCOR INDUSTRIES INC (GENC) is Bearish.
What is the RSI signal for GENCOR INDUSTRIES INC (GENC) stock?
GENCOR INDUSTRIES INC (GENC) has an RSI value of 38.5572. This indicates that the stock is currently neutral.
What is the MACD signal for GENCOR INDUSTRIES INC (GENC) stock?
The MACD indicator for GENCOR INDUSTRIES INC (GENC) has a value of -0.0161627, indicating a bearish trend.
Can you provide the support and resistance levels for GENCOR INDUSTRIES INC?
GENCOR INDUSTRIES INC (GENC) has a support level at 13.44 and a resistance level at 14.21. Check the full technical report for our detailed analysis of GENC support and resistance levels.