Genmark Diagnostics (GNMK)
Taking everything into account, GNMK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GNMK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GNMK did better than 87% of all other stocks. We also observe that the gains produced by GNMK over the past year are nicely spread over this period.
GNMK is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GNMK is leading the market.
GNMK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GNMK has an average volume of 3522520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GNMK has a been trading in a tight range between 23.84 and 24.25.
Besides having an excellent technical rating, GNMK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.99, a Stop Loss order could be placed below this zone.
More info and screens
15.32
24.41
5 important support areas can be observed.
- A support zone ranging from 23.89 to 23.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.34 from a trend line in the daily time frame.
- Support @16.39 from a trend line in the weekly time frame.
- Support @15.77 from a trend line in the weekly time frame.
- Support @15.47 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.16 to 24.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.03
Mansfield3.19
10 Day High24.08
10 Day Low23.85
20 Day High24.25
20 Day Low23.85
52 Week High24.25
52 Week Low8.47
Performance
1 Week0.21%
2 Weeks0.46%
1 Month0.21%
3 Month55.9%
6 Month108.68%
12 Month116.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)66.73
LBB23.9
UBB24.06
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.18 | 23.88 | 0.30 (1.24%) | 25.00% |
| An entry @24.18. This is a Buy Stop order right above the resistance zone. | An exit @23.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 1.24%. | For a 0.31% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Genmark Diagnostics
NASDAQ:GNMK (4/21/2021, 7:00:01 PM)
After market: 24.1 +0.06 (+0.25%)24.04
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.21%
2 Weeks0.46%
1 Month0.21%
3 Month55.9%
6 Month108.68%
12 Month116.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%0.51%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.08
10 Day Low23.85
20 Day High24.25
20 Day Low23.85
52 Week High24.25
52 Week Low8.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.83M
Volume Incr-34.62%
Vol(5)2.58M
Vol(50)3.52M