GEN RESTAURANT GROUP INC (GENK) Technical Analysis
NASDAQ:GENK • US36870C1045
Current stock price
GENK Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GENK. GENK'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.
- When comparing the yearly performance of all stocks, GENK is a bad performer in the overall market: 92% of all stocks are doing better.
- GENK is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 84% are performing better than GENK.
- GENK 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 GENK is lagging the market.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month GENK has a been trading in the 1.50 - 2.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GENK Weekly and Daily overview Charts
GENK Setup Rating and Analysis
GENK 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.
More info and screens
GENK Support and Resistance Analysis
1.85
We found 1 important support area.
- A support zone ranging from 1.87 to 1.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.88 to 1.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.10 from a trend line in the daily time frame.
- Resistance @2.16 from a horizontal line in the daily time frame.
- Resistance @2.23 from a trend line in the daily time frame.
GENK 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 GENK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GENK is neutral. |
| ChartMill Relative Strength | 8.04 | NEGATIVE | GENK has a low relative strength, it was outperformed by 91.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GENK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GENK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GENK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.91 | NEUTRAL | The RSI value for GENK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GENK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.18 | NEUTRAL | The Stochastics value for GENK is a neutral value. |
| Average True Range in percent/ATR (20) | 9.93 | HIGH VOLATILITY | The high ATR as a percentage value for GENK suggests high volalility. |
| Average Directional Index/ADX (14) | 26.96 | POSITIVE | The high ADX value value for GENK suggests a strong trend. |
GENK Chart- and CandleStick Pattern Analysis
GENK Technicals: Chart, Performance Metrics, Trend & Indicators
1.88
-0.02 (-1.05%)
GEN RESTAURANT GROUP INC / GENK TA FAQ
Can you provide the ChartMill technical rating for GEN RESTAURANT GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to GENK.
What is the current trend direction of GEN RESTAURANT GROUP INC (GENK) stock?
The current trend direction for GEN RESTAURANT GROUP INC (GENK) is Bearish.
What is the RSI signal for GENK stock?
GEN RESTAURANT GROUP INC (GENK) has an RSI value of 50.9072. This indicates that the stock is currently neutral.
What is the MACD signal for GEN RESTAURANT GROUP INC (GENK) stock?
The MACD indicator for GEN RESTAURANT GROUP INC (GENK) has a value of 0.0411687, indicating a bearish trend.
Can you provide the short term momentum for GEN RESTAURANT GROUP INC?
The short term momentum for GEN RESTAURANT GROUP INC (GENK) is neutral.