GENPREX INC (GNPX) Technical Analysis
NASDAQ:GNPX • US3724463027
Current stock price
GNPX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GNPX. GNPX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than GNPX.
- GNPX is one of the lesser performing stocks in the Biotechnology industry. 90% of 516 stocks in the same industry do better.
- GNPX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month GNPX has a been trading in the 1.04 - 1.97 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
GNPX Weekly and Daily overview Charts
GNPX Setup Rating and Analysis
GNPX has a poor technical rating and the quality of the setup is also not perfect 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
GNPX Support and Resistance Analysis
1.08
We found 1 important resistance area.
- Resistance @1.74 from a trend line in the daily time frame.
GNPX 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 GNPX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNPX is down. |
| ChartMill Relative Strength | 1.11 | NEGATIVE | GNPX has a low relative strength, it was outperformed by 98.89% 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) | 25.29 | OVERSOLD | The low RSI value suggests GNPX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GNPX has a negative trend. |
| Stochastics (14,3) | 9.33 | OVERSOLD | The low Stochastics value suggests GNPX may be oversold. |
| Average True Range in percent/ATR (20) | 11.82 | HIGH VOLATILITY | The high ATR as a percentage value for GNPX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.51 | POSITIVE | The high ADX value value for GNPX suggests a strong trend. |
GNPX Chart- and CandleStick Pattern Analysis
GNPX Technicals: Chart, Performance Metrics, Trend & Indicators
1.09
-0.06 (-5.63%)
GENPREX INC / GNPX TA 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.
Can you provide the RSI signal for GENPREX INC?
GENPREX INC (GNPX) has an RSI value of 25.2931. This indicates that the stock is currently oversold.
What is the buy/sell signal for GNPX stock?
The buy/sell signal for GENPREX INC (GNPX) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for GENPREX INC (GNPX) stock?
GENPREX INC (GNPX) has a resistance level at 1.74. Check the full technical report for our detailed analysis of GNPX support and resistance levels.