Genetic Technologies Ltd (GENE) Technical Analysis
NASDAQ:GENE • US37185R4065
Current stock price
GENE Technical Rating and Analysis
Overall GENE gets a technical rating of 1 out of 10. GENE'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, GENE is a bad performer in the overall market: 94% of all stocks are doing better.
- GENE is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, of which 89% are performing better than GENE.
- GENE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GENE is lagging the market.
- Warning: GENE has an average volume of 21120 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month GENE has a been trading in the 0.67 - 0.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GENE Weekly and Daily overview Charts
GENE Setup Rating and Analysis
GENE has a poor technical rating and the quality of the setup is also not perfect 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
GENE Support and Resistance Analysis
0.69
We found 1 important support area.
- A support zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.78 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GENE 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 | DOWN | NEGATIVE | The long term trend for GENE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GENE is neutral. |
| ChartMill Relative Strength | 6.23 | NEGATIVE | GENE has a low relative strength, it was outperformed by 93.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GENE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GENE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GENE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.83 | NEUTRAL | The RSI value for GENE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GENE has a positive trend. |
| Stochastics (14,3) | 60.43 | NEUTRAL | The Stochastics value for GENE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for GENE suggests high volalility. |
| Average Directional Index/ADX (14) | 41.89 | POSITIVE | The high ADX value value for GENE suggests a strong trend. |
GENE Chart- and CandleStick Pattern Analysis
GENE Technicals: Chart, Performance Metrics, Trend & Indicators
0.765
-0.02 (-1.92%)
Genetic Technologies Ltd / GENE TA FAQ
What is the ChartMill technical rating of Genetic Technologies Ltd (GENE) stock?
ChartMill assigns a technical rating of 1 / 10 to GENE.
What is the trend direction for GENE stock?
The current trend direction for Genetic Technologies Ltd (GENE) is Bearish.
What is the RSI signal for Genetic Technologies Ltd (GENE) stock?
Genetic Technologies Ltd (GENE) has an RSI value of 45.826. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Genetic Technologies Ltd?
The MACD indicator for Genetic Technologies Ltd (GENE) has a value of 0.0070501, indicating a bearish trend.
What is the short term momentum for GENE stock?
The short term momentum for Genetic Technologies Ltd (GENE) is neutral.