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.
- 100% of all other stocks performed better in the past year than GNPX.
- GNPX is part of the Biotechnology industry. There are 525 other stocks in this industry, of which 91% are performing better than GNPX.
- 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 1.71 - 3.56 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of GNPX is bad and it also does not present a quality setup 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
2.97
We found 1 important resistance area.
- Resistance @3.31 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 | UP | POSITIVE | The short term trend for GNPX is up. |
| ChartMill Relative Strength | 0.47 | NEGATIVE | GNPX has a low relative strength, it was outperformed by 99.53% 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) | DOWN | MIXED | The current price of GNPX is above 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) | 55.52 | NEUTRAL | The RSI value for GNPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests GNPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.94 | OVERBOUGHT | The high Stochastics value suggests GNPX may be overbought. |
| Average True Range in percent/ATR (20) | 9.91 | HIGH VOLATILITY | The high ATR as a percentage value for GNPX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.93 | NEGATIVE | The low ADX value for GNPX suggests a weak or negative trend. |
3
-0.3 (-9.09%)
GENPREX INC / GNPX FAQ
What is the ChartMill technical rating of GENPREX INC (GNPX) stock?
ChartMill assigns a technical rating of 2 / 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 55.5176. 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 0.258848, indicating a bearish trend.
What is the support and resistance level for GNPX stock?
GENPREX INC (GNPX) has a resistance level at 3.31. Check the full technical report for our detailed analysis of GNPX support and resistance levels.