GENIE ENERGY LTD-B (GNE) Technical Analysis
NYSE:GNE • US3722842081
Current stock price
GNE Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to GNE. GNE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 66% of all other stocks performed better in the past year than GNE.
- GNE is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 75% are performing better than GNE.
- GNE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GNE is lagging the market.
- In the last month GNE has a been trading in the 13.71 - 14.99 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
GNE Weekly and Daily overview Charts
GNE Setup Rating and Analysis
Although the technical rating is bad, GNE does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
GNE Support and Resistance Analysis
13.53
We found 2 important support areas.
- Support @14.06 from a horizontal line in the daily time frame.
- A support zone ranging from 13.67 to 13.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.26 to 14.83. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for GNE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GNE is neutral. |
| ChartMill Relative Strength | 34.22 | NEUTRAL | GNE is not amongst the best or worst performers 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) | UP | MIXED | The current price of GNE is below the rising 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) | 47.56 | NEUTRAL | The RSI value for GNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GNE has a negative trend. |
| Stochastics (14,3) | 54.97 | NEUTRAL | The Stochastics value for GNE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for GNE suggests some volalility. |
| Average Directional Index/ADX (14) | 10.18 | NEGATIVE | The low ADX value for GNE suggests a weak or negative trend. |
GNE Chart- and CandleStick Pattern Analysis
GNE Technicals: Chart, Performance Metrics, Trend & Indicators
14.21
-0.33 (-2.27%)
GENIE ENERGY LTD-B / GNE TA FAQ
What is the technical rating for GNE stock?
ChartMill assigns a technical rating of 2 / 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 GNE stock?
GENIE ENERGY LTD-B (GNE) has an RSI value of 47.5597. This indicates that the stock is currently neutral.
What is the MACD signal for GENIE ENERGY LTD-B (GNE) stock?
The MACD indicator for GENIE ENERGY LTD-B (GNE) has a value of -0.0236193, indicating a bearish trend.