GENIE ENERGY LTD-B (GNE)

US3722842081 - Common Stock

15.99  +0.28 (+1.78%)

Technical Rating and Analysis

1

Taking everything into account, GNE scores 1 out of 10 in our technical rating. 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: 79% of all stocks are doing better.
GNE is one of the lesser performing stocks in the Electric Utilities industry. 90% of 45 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 14.73 - 16.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GNE Weekly chart
GNE Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, GNE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

14.34

16.37

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 15.58 to 15.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 15.00 to 15.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.73 from a horizontal line in the daily time frame.
  • Support @14.48 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 16.16 to 16.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.95
Mansfield-2.15
10 Day High16.48
10 Day Low15.27
20 Day High16.48
20 Day Low14.73
52 Week High30.9
52 Week Low12.95
Performance
1 Week-2.12%
2 Weeks-2.42%
1 Month0.9%
3 Month-15.04%
6 Month-35.24%
12 Month-1.13%
2 Year90.89%
3 Year157.54%
5 Year68.2%
10 Year100.38%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)48.36
LBB15.19
UBB16.27
GNE Daily chart

GENIE ENERGY LTD-B

NYSE:GNE (5/7/2024, 12:16:00 PM)

15.99

+0.28 (+1.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.78%
1 Week-2.12%
2 Weeks-2.42%
1 Month0.9%
3 Month-15.04%
6 Month-35.24%
12 Month-1.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%2.83%
ATR Inc
Range Today0.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.48
10 Day Low15.27
20 Day High16.48
20 Day Low14.73
52 Week High30.9
52 Week Low12.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume29.28K
Volume Incr-19.93%
Vol(5)98.08K
Vol(50)153.90K