GEN RESTAURANT GROUP INC (GENK) Stock Technical Analysis
NASDAQ:GENK - Nasdaq - US36870C1045 - Common Stock - Currency: USD
Overall GENK gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GENK was also a bad performer in the overall market in the last year.
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 GENK.
GENK is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 84% of 131 stocks in the same industry do better.
GENK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GENK has a been trading in the 3.74 - 4.99 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, GENK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 4.12, a Stop Loss order could be placed below this zone.
More info and screens
3.54
6.74
3 important support areas can be observed.
- A support zone ranging from 4.01 to 4.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.68 from a horizontal line in the weekly time frame.
- Support @3.58 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @4.16 from a horizontal line in the weekly time frame.
- Resistance @4.39 from a trend line in the daily time frame.
- Resistance @4.53 from a trend line in the daily time frame.
- Resistance @4.72 from a horizontal line in the daily time frame.
- Resistance @6.67 from a trend line in the weekly time frame.
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 | 6.72 | NEGATIVE | GENK has a low relative strength, it was outperformed by 93.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GENK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GENK is above the rising 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) | 54.41 | NEUTRAL | The RSI value for GENK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GENK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.27 | NEUTRAL | The Stochastics value for GENK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.87 | HIGH VOLATILITY | The high ATR as a percentage value for GENK suggests high volalility. |
| Average Directional Index/ADX (14) | 32.12 | POSITIVE | The high ADX value value for GENK 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)
4.15
+0.16 (+4.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg4.01%
1 Week3.75%
2 Weeks-11.89%
1 Month9.5%
3 Month-11.7%
6 Month-29.66%
12 Month-48.89%
2 Year-74.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%6.87%
ATR Inc-35.73%
Range Today0.31
ADR(20)0.28
ADR(20)%6.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.72
Mansfield-3.95
10 Day High4.9
10 Day Low3.75
20 Day High4.99
20 Day Low3.74
52 Week High10.33
52 Week Low3.16
CS1 End4.12
CR1 Start4.16
Volume & EV
DER(3)0.7%
DER(5)-6.12%
Volume141.70K
Volume Incr33.45%
Vol(5)85.74K
Vol(50)84.79K