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. In the past year, GNPX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
94% of all other stocks performed better in the past year than GNPX.
GNPX is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 70% 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month GNPX has a been trading in the 0.20 - 0.32 range, which is quite wide. It is currently trading near the high of this range.
GNPX has an average volume of 2448160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
0.23
0.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.23 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.54 from a trend line in the weekly 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 | 6.01 | NEGATIVE | GNPX has a low relative strength, it was outperformed by 93.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GNPX is above a declining 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) | 56.8 | NEUTRAL | The RSI value for GNPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GNPX has a positive trend. |
| Stochastics (14,3) | 82.47 | OVERBOUGHT | The high Stochastics value suggests GNPX may be overbought. |
| Average True Range in percent/ATR (20) | 9.72 | HIGH VOLATILITY | The high ATR as a percentage value for GNPX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.68 | NEGATIVE | The low ADX value for GNPX suggests a weak or negative 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)
0.3
+0.02 (+8.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.34%
1 Week16.69%
2 Weeks34.53%
1 Month-4.18%
3 Month25%
6 Month-58.33%
12 Month-84.54%
2 Year-99.01%
3 Year-99.46%
5 Year-99.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.72%
ATR Inc10.26%
Range Today0.04
ADR(20)0.03
ADR(20)%9.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.01
Mansfield-5.79
10 Day High0.32
10 Day Low0.22
20 Day High0.32
20 Day Low0.2
52 Week High3.97
52 Week Low0.2
CS1 End0.27
CR1 Start0.34
Volume & EV
DER(3)6.6%
DER(5)4.19%
Volume1.88M
Volume Incr-65.49%
Vol(5)1.20M
Vol(50)2.45M