GENIE ENERGY LTD-B (GNE) Stock Technical Analysis
USA - NYSE:GNE - US3722842081 - Common Stock
15.26 USD
-0.38 (-2.43%)
15.56 USD
+0.3 (+1.97%)
Overall GNE gets a technical rating of 1 out of 10. GNE 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 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, GNE is a bad performer in the overall market: 85% of all stocks are doing better.
GNE is one of the lesser performing stocks in the Electric Utilities industry. 91% of 47 stocks in the same industry do better.
GNE 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 GNE has a been trading in the 14.68 - 16.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
GNE 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. There is a support zone below the current price at 15.25, a Stop Loss order could be placed below this zone.
More info and screens
13.95
27.72
2 important support areas can be observed.
- A support zone ranging from 14.74 to 15.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.09 to 14.22. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.29 to 15.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.03 from a horizontal line in the daily time frame.
- Resistance @27.45 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 GNE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GNE is neutral. |
| ChartMill Relative Strength | 15 | NEGATIVE | GNE has a low relative strength, it was outperformed by 85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GNE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.43 | NEUTRAL | The RSI value for GNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GNE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.99 | NEUTRAL | The Stochastics value for GNE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for GNE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.22 | NEUTRAL | The ADX value for GNE suggests a possible start of a new 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)
15.26
-0.38 (-2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-2.43%
1 Week-0.46%
2 Weeks-0.59%
1 Month0.93%
3 Month-29.84%
6 Month2.55%
12 Month-4.62%
2 Year-23.08%
3 Year56.19%
5 Year84.08%
10 Year34.57%
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%3.11%
ATR Inc-12.53%
Range Today0.61
ADR(20)0.47
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15
Mansfield-1.66
10 Day High15.85
10 Day Low14.7
20 Day High16.25
20 Day Low14.68
52 Week High28.47
52 Week Low13.05
CS1 End15.25
CR1 Start15.29
Volume & EV
DER(3)0.66%
DER(5)0.95%
Volume91.00K
Volume Incr-42.74%
Vol(5)95.38K
Vol(50)186.28K