GENPREX INC (GNPX) Stock Technical Analysis
NASDAQ:GNPX - Nasdaq - US3724462037 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GNPX. Recently some decent action could be observed, but in the medium term time frame this is still negative. GNPX was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
97% of all other stocks performed better in the past year than GNPX.
GNPX is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 79% are performing better than GNPX.
GNPX 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 GNPX is lagging the market.
GNPX has an average volume of 3418440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GNPX has a been trading in the 0.22 - 0.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GNPX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.23
0.32
We found 2 important support areas.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.23 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.29 from a trend line in the daily time frame.
- Resistance @0.31 from a trend line in the daily time frame.
- Resistance @0.32 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 | NEUTRAL | NEUTRAL | The short term trend for GNPX is neutral. |
| ChartMill Relative Strength | 3.37 | NEGATIVE | GNPX has a low relative strength, it was outperformed by 96.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNPX is above the rising 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) | 49.81 | NEUTRAL | The RSI value for GNPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GNPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.59 | NEUTRAL | The Stochastics value for GNPX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.86 | HIGH VOLATILITY | The high ATR as a percentage value for GNPX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for GNPX suggests a possible start of a new 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)
0.2919
-0.02 (-6.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.77%
1 Week1.5%
2 Weeks-12.55%
1 Month23.27%
3 Month-19.65%
6 Month-74.84%
12 Month-86.55%
2 Year-99.23%
3 Year-99.47%
5 Year-99.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%11.86%
ATR Inc-40.83%
Range Today0.02
ADR(20)0.03
ADR(20)%11.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.37
Mansfield-6.6
10 Day High0.35
10 Day Low0.26
20 Day High0.37
20 Day Low0.22
52 Week High3.97
52 Week Low0.22
CS1 End0.28
CR1 Start0.29
Volume & EV
DER(3)-14.8%
DER(5)-8.37%
Volume757.50K
Volume Incr-45.12%
Vol(5)970.08K
Vol(50)3.42M