GENERIX GROUP (GENX.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:GENX - FR0010501692 - Common Stock
Overall GENX gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GENX is only an average performer.
GENX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.68, a Stop Loss order could be placed below this zone.
More info and screens
9.41
When analyzing the support we notice one important area.
- A support zone ranging from 9.50 to 9.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.71 to 9.79. 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 | UP | POSITIVE | The long term trend for GENX.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GENX.PA is neutral. |
| ChartMill Relative Strength | 78.07 | POSITIVE | GENX.PA has a high relative strength, it outperformed 78.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GENX.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GENX.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GENX.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53 | NEUTRAL | The RSI value for GENX.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GENX.PA has a negative trend. |
| Stochastics (14,3) | 52.78 | NEUTRAL | The Stochastics value for GENX.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for GENX.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.44 | POSITIVE | The high ADX value value for GENX.PA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.80 | 9.57 | 0.23 (2.35%) | 25.00% |
| An entry @9.80. This is a Buy Stop order right above the resistance zone. | An exit @9.57. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 2.35%. | For a 0.59% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:GENX (8/23/2022, 7:00:00 PM)
9.7
+0.04 (+0.41%)
GENERIX GROUP / GENX.PA FAQ
Can you provide the ChartMill technical rating for GENERIX GROUP?
ChartMill assigns a technical rating of 6 / 10 to GENX.PA.
Can you provide the trend direction for GENERIX GROUP?
The current trend direction for GENERIX GROUP (GENX.PA) is Bullish.
What is the RSI signal for GENX stock?
GENERIX GROUP (GENX.PA) has an RSI value of 53.0005. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for GENERIX GROUP?
GENERIX GROUP (GENX.PA) has a support level at 9.68 and a resistance level at 9.71. Check the full technical report for our detailed analysis of GENX.PA support and resistance levels.