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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than GNPX.
- GNPX is one of the lesser performing stocks in the Biotechnology industry. 77% of 519 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. The S&P500 Index is trading in the upper part of its 52 week range, so GNPX is lagging the market.
- In the last month GNPX has a been trading in the 1.83 - 2.61 range, which is quite wide. It is currently trading near the lows of this range.
- GNPX has an average volume of 1158110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
GNPX Weekly and Daily overview Charts
GNPX Setup Rating and Analysis
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. There is a support zone below the current price at 1.79, a Stop Loss order could be placed below this zone.
More info and screens
GNPX Support and Resistance Analysis
1.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.78 to 1.79. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @1.92 from a trend line in the daily time frame.
- A resistance zone ranging from 1.98 to 2.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.08 from a horizontal line in the daily time frame.
- Resistance @3.39 from a horizontal 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 | 7.54 | NEGATIVE | GNPX has a low relative strength, it was outperformed by 92.46% 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) | 43.09 | 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) | 22.87 | NEUTRAL | The Stochastics value for GNPX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for GNPX suggests high volalility. |
| Average Directional Index/ADX (14) | 9.31 | NEGATIVE | The low ADX value for GNPX suggests a weak or negative trend. |
GNPX Chart- and CandleStick Pattern Analysis
GNPX Technicals: Chart, Performance Metrics, Trend & Indicators
1.91
+0.03 (+1.6%)
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.
What is the RSI signal for GNPX stock?
GENPREX INC (GNPX) has an RSI value of 43.0873. 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 0.00493806, indicating a bearish trend.
What is the support and resistance level for GNPX stock?
GENPREX INC (GNPX) has a support level at 1.79 and a resistance level at 1.92. Check the full technical report for our detailed analysis of GNPX support and resistance levels.