GENELUX CORP (GNLX) Stock Technical Analysis
NASDAQ:GNLX - Nasdaq - US36870H1032 - Common Stock - Currency: USD
Overall GNLX gets a technical rating of 9 out of 10. Although GNLX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, GNLX did better than 88% of all other stocks. We also observe that the gains produced by GNLX over the past year are nicely spread over this period.
GNLX is one of the better performing stocks in the Biotechnology industry, it outperforms 82% of 558 stocks in the same industry.
In the last month GNLX has a been trading in the 2.75 - 3.61 range, which is quite wide. It is currently trading near the high of this range.
GNLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GNLX is lagging the market.
Besides having an excellent technical rating, GNLX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.41. Right above this resistance zone may be a good entry point.
More info and screens
2.50
3.52
3 important support areas can be observed.
- A support zone ranging from 3.03 to 3.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.73 from a trend line in the daily time frame.
- Support @2.53 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.41 to 3.49. 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 | NEUTRAL | NEUTRAL | The long term trend for GNLX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GNLX is up. |
| ChartMill Relative Strength | 88.36 | POSITIVE | GNLX has a high relative strength, it outperformed 88.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GNLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.02 | NEUTRAL | The RSI value for GNLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GNLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.2 | NEUTRAL | The Stochastics value for GNLX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.03 | HIGH VOLATILITY | The high ATR as a percentage value for GNLX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.66 | POSITIVE | The high ADX value value for GNLX 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)
3.33
-0.07 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.06%
1 Week-2.92%
2 Weeks11.75%
1 Month14.04%
3 Month26.62%
6 Month35.37%
12 Month50.68%
2 Year-84.2%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%7.03%
ATR Inc48.69%
Range Today0.23
ADR(20)0.23
ADR(20)%6.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.36
Mansfield0.72
10 Day High3.61
10 Day Low2.8
20 Day High3.61
20 Day Low2.75
52 Week High5.89
52 Week Low1.6
CS1 End3.05
CR1 Start3.41
Volume & EV
DER(3)-0.42%
DER(5)-7.31%
Volume45.20K
Volume Incr-0.39%
Vol(5)152.88K
Vol(50)153.01K