GENIE ENERGY LTD-B (GNE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GNE - US3722842081 - Common Stock
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.
GNE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.77, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GNE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.57
When analyzing the support we notice one important area.
- A support zone ranging from 13.71 to 13.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.98 to 14.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.44 to 14.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.54 to 15.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 23.57 | NEGATIVE | GNE has a low relative strength, it was outperformed by 76.43% 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) | 42.52 | NEUTRAL | The RSI value for GNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GNE has a negative trend. |
| Stochastics (14,3) | 27.26 | NEUTRAL | The Stochastics value for GNE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for GNE suggests some volalility. |
| Average Directional Index/ADX (14) | 47.17 | POSITIVE | The high ADX value value for GNE suggests a strong trend. |
13.78
-0.2 (-1.43%)
GENIE ENERGY LTD-B / GNE 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 GNE stock?
GENIE ENERGY LTD-B (GNE) has an RSI value of 42.5218. 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 -0.00423125, indicating a bearish trend.
Can you provide the buy/sell signal for GENIE ENERGY LTD-B?
The buy/sell signal for GENIE ENERGY LTD-B (GNE) is sell as both the short term and long term trends are negative.