GENPREX INC (GNPX) Stock Technical Analysis
NASDAQ:GNPX • US3724463027
Taking everything into account, GNPX scores 0 out of 10 in our technical rating. GNPX'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than GNPX.
- GNPX is one of the lesser performing stocks in the Biotechnology industry. 87% of 521 stocks in the same industry do better.
- GNPX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month GNPX has a been trading in the 1.78 - 3.11 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
GNPX 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
1.84
We found 1 important resistance area.
- Resistance @3.39 from a horizontal line in the daily time frame.
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 GNPX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNPX is down. |
| ChartMill Relative Strength | 2.46 | NEGATIVE | GNPX has a low relative strength, it was outperformed by 97.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GNPX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNPX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GNPX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.78 | NEUTRAL | The RSI value for GNPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GNPX has a negative trend. |
| Stochastics (14,3) | 5.81 | OVERSOLD | The low Stochastics value suggests GNPX may be oversold. |
| Average True Range in percent/ATR (20) | 15.56 | HIGH VOLATILITY | The high ATR as a percentage value for GNPX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.82 | NEGATIVE | The low ADX value for GNPX suggests a weak or negative trend. |
1.86
+0.06 (+3.33%)
GENPREX INC / GNPX FAQ
What is the ChartMill technical rating of GENPREX INC (GNPX) stock?
ChartMill assigns a technical rating of 0 / 10 to GNPX.
Can you provide the trend direction for GENPREX INC?
The current trend direction for GENPREX INC (GNPX) is Bearish.
What is the RSI signal for GNPX stock?
GENPREX INC (GNPX) has an RSI value of 38.7798. This indicates that the stock is currently neutral.
What is the MACD signal for GENPREX INC (GNPX) stock?
The MACD indicator for GENPREX INC (GNPX) has a value of -0.0385905, indicating a bearish trend.
What is the support and resistance level for GNPX stock?
GENPREX INC (GNPX) has a resistance level at 3.39. Check the full technical report for our detailed analysis of GNPX support and resistance levels.