Genetic Technologies Ltd (GENE) Stock Technical Analysis
NASDAQ:GENE - Nasdaq - US37185R4065 - ADR - Currency: USD
Taking everything into account, GENE scores 1 out of 10 in our technical rating. GENE 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 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.
94% of all other stocks performed better in the past year than GENE.
GENE is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 75% of 55 stocks in the same industry do better.
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 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
When analyzing the support we notice one important 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.
We found 1 important resistance 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