GENIE ENERGY LTD-B (GNE) Stock Technical Analysis
NYSE:GNE - US3722842081 - Common Stock
15.12 USD
+0.07 (+0.47%)
15.12 USD
0 (0%)
We assign a technical rating of 0 out of 10 to GNE. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GNE is a bad performer in the overall market: 91% of all stocks are doing better.
GNE is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 97% are performing better than GNE.
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 14.74 - 16.60 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, GNE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 14.91, a Stop Loss order could be placed below this zone.
More info and screens
13.95
27.84
We found 2 important support areas.
- Support @14.91 from a horizontal line in the daily time frame.
- 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.48 to 15.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.56 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 | DOWN | NEGATIVE | The short term trend for GNE is down. |
| ChartMill Relative Strength | 9.93 | NEGATIVE | GNE has a low relative strength, it was outperformed by 90.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GNE is below a declining 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) | DOWN | NEGATIVE | The current price of GNE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.39 | NEUTRAL | The RSI value for GNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests GNE has a positive trend. |
| Stochastics (14,3) | 22.09 | NEUTRAL | The Stochastics value for GNE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GNE suggests some volalility. |
| Average Directional Index/ADX (14) | 57.27 | POSITIVE | The high ADX value value for GNE 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)
15.12
+0.07 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.47%
1 Week0.27%
2 Weeks-0.85%
1 Month-6.03%
3 Month-34%
6 Month2.3%
12 Month-7.69%
2 Year2.65%
3 Year61.71%
5 Year89%
10 Year83.72%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.58%
ATR Inc0.28%
Range Today0.58
ADR(20)0.53
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.93
Mansfield-1.83
10 Day High15.95
10 Day Low14.74
20 Day High16.6
20 Day Low14.74
52 Week High28.47
52 Week Low13.05
CS1 End14.91
CR1 Start15.48
Volume & EV
DER(3)-2.91%
DER(5)-3.84%
Volume132.48K
Volume Incr-25.25%
Vol(5)173.37K
Vol(50)236.95K