GENIE ENERGY LTD-B (GNE) Technical Analysis
NYSE:GNE • US3722842081
Current stock price
13.59 USD
+0.37 (+2.8%)
At close:
13.59 USD
0 (0%)
After Hours:
GNE Technical Rating and Analysis
Taking everything into account, GNE scores 0 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.
- 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: 78% of all stocks are doing better.
- GNE is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 86% are performing better than GNE.
- GNE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month GNE has a been trading in the 13.19 - 14.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
GNE Weekly and Daily overview Charts
GNE Setup Rating and Analysis
GNE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
GNE Support and Resistance Analysis
13.08
14.98
We found 2 important support areas.
- Support @13.52 from a horizontal line in the weekly time frame.
- Support @13.21 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.79 to 14.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.48 to 14.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
GNE Technical Indicator Signal Analysis
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 | 22.62 | NEGATIVE | GNE has a low relative strength, it was outperformed by 77.38% 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) | 44.42 | NEUTRAL | The RSI value for GNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests GNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.22 | OVERSOLD | The low Stochastics value suggests GNE may be oversold. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for GNE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.22 | NEGATIVE | The low ADX value for GNE suggests a weak or negative trend. |
GNE Chart- and CandleStick Pattern Analysis
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)
GNE Technicals: Chart, Performance Metrics, Trend & Indicators
13.59
+0.37 (+2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.8%
1 Week-1.24%
2 Weeks-5.82%
1 Month-1.31%
3 Month-2.79%
6 Month-12.49%
12 Month-8.85%
2 Year-11.12%
3 Year-12.72%
5 Year142.68%
10 Year84.4%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.04%
ATR Inc27.57%
Range Today0.54
ADR(20)0.38
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.62
3 months CRS34.95
6 months CRS24.49
Mansfield-2.49
10 Day High14.72
10 Day Low13.19
20 Day High14.74
20 Day Low13.19
52 Week High28.47
52 Week Low13.19
CS1 End13.52
CR1 Start13.79
Volume & EV
DER(3)-0.11%
DER(5)0.4%
Volume68.38K
Volume Incr10.51%
Vol(5)65.06K
Vol(50)58.66K
GENIE ENERGY LTD-B / GNE TA FAQ
What is the technical rating for GNE stock?
ChartMill assigns a technical rating of 0 / 10 to GNE.
What is the current trend direction of GENIE ENERGY LTD-B (GNE) stock?
The current trend direction for GENIE ENERGY LTD-B (GNE) is Bearish.
What is the RSI signal for GENIE ENERGY LTD-B (GNE) stock?
GENIE ENERGY LTD-B (GNE) has an RSI value of 44.4156. This indicates that the stock is currently neutral.
What is the short term momentum for GNE stock?
The short term momentum for GENIE ENERGY LTD-B (GNE) is negative.
What is the support and resistance level for GNE stock?
GENIE ENERGY LTD-B (GNE) has a support level at 13.52 and a resistance level at 13.79. Check the full technical report for our detailed analysis of GNE support and resistance levels.