Genetic Technologies Ltd (GENE) Stock Technical Analysis
NASDAQ:GENE - Nasdaq - US37185R4065 - ADR - Currency: USD
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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
94% of all other stocks performed better in the past year than GENE.
GENE is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, of which 85% are performing better than GENE.
GENE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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 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
0.69
0.82
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.
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. |
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)
0.765
-0.02 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.92%
1 Week4.07%
2 Weeks2%
1 Month-3.89%
3 Month-5.11%
6 Month-67.03%
12 Month-79.19%
2 Year-87.2%
3 Year-94.71%
5 Year-92.35%
10 Year-98.5%
15 Year-99.42%
Volatility
ATR(14)0.04
ATR(20)%5.51%
ATR Inc-27.53%
Range Today0.03
ADR(20)0.04
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.23
Mansfield-6.74
10 Day High0.83
10 Day Low0.7
20 Day High0.84
20 Day Low0.67
52 Week High3.77
52 Week Low0.67
CS1 End0.71
CR1 Start0.78
Volume & EV
DER(3)-3.17%
DER(5)-6.08%
Volume22.60K
Volume Incr21.11%
Vol(5)25.44K
Vol(50)21.12K