GENELUX CORP (GNLX) Technical Analysis
NASDAQ:GNLX • US36870H1032
Current stock price
GNLX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GNLX. GNLX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than GNLX.
- GNLX is one of the lesser performing stocks in the Biotechnology industry. 68% of 519 stocks in the same industry do better.
- GNLX 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 GNLX is lagging the market.
- In the last month GNLX has a been trading in the 2.31 - 3.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
GNLX Weekly and Daily overview Charts
GNLX Setup Rating and Analysis
GNLX has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
GNLX Support and Resistance Analysis
2.36
When analyzing the support we notice one important area.
- A support zone ranging from 2.38 to 2.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.96 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GNLX 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 GNLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNLX is down. |
| ChartMill Relative Strength | 12.63 | NEGATIVE | GNLX has a low relative strength, it was outperformed by 87.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GNLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GNLX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.36 | NEUTRAL | The RSI value for GNLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GNLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.88 | NEUTRAL | The Stochastics value for GNLX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.59 | HIGH VOLATILITY | The high ATR as a percentage value for GNLX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for GNLX suggests a weak or negative trend. |
GNLX Chart- and CandleStick Pattern Analysis
GNLX Technicals: Chart, Performance Metrics, Trend & Indicators
2.65
+0.23 (+9.5%)
GENELUX CORP / GNLX TA FAQ
Can you provide the ChartMill technical rating for GENELUX CORP?
ChartMill assigns a technical rating of 0 / 10 to GNLX.
Can you provide the trend direction for GENELUX CORP?
The current trend direction for GENELUX CORP (GNLX) is Bearish.
What is the RSI signal for GNLX stock?
GENELUX CORP (GNLX) has an RSI value of 49.3584. This indicates that the stock is currently neutral.
What is the buy/sell signal for GENELUX CORP (GNLX) stock?
The buy/sell signal for GENELUX CORP (GNLX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for GENELUX CORP?
GENELUX CORP (GNLX) has a support level at 2.4 and a resistance level at 2.96. Check the full technical report for our detailed analysis of GNLX support and resistance levels.