GENASYS INC (GNSS) Stock Technical Analysis
NASDAQ:GNSS - Nasdaq - US36872P1030 - Common Stock - Currency: USD
Overall GNSS gets a technical rating of 0 out of 10. GNSS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than GNSS.
GNSS is one of the lesser performing stocks in the Communications Equipment industry. 87% of 49 stocks in the same industry do better.
GNSS 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 GNSS has a been trading in the 1.54 - 1.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GNSS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.81. Right above this resistance zone may be a good entry point.
More info and screens
1.56
2.88
We found 2 important support areas.
- Support @1.62 from a horizontal line in the weekly time frame.
- Support @1.58 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.81 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.50 from a trend line in the weekly time frame.
- Resistance @2.85 from a trend 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 GNSS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNSS is down. |
| ChartMill Relative Strength | 14.05 | NEGATIVE | GNSS has a low relative strength, it was outperformed by 85.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GNSS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNSS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GNSS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.05 | NEUTRAL | The RSI value for GNSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GNSS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.6 | NEUTRAL | The Stochastics value for GNSS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for GNSS suggests high volalility. |
| Average Directional Index/ADX (14) | 34.18 | POSITIVE | The high ADX value value for GNSS suggests a strong 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)
1.65
-0.07 (-3.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-3.79%
1 Week-1.2%
2 Weeks0.61%
1 Month-9.34%
3 Month-29.18%
6 Month-38.89%
12 Month-7.82%
2 Year-36.54%
3 Year-49.23%
5 Year-66.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.14%
ATR Inc55.6%
Range Today0.14
ADR(20)0.11
ADR(20)%6.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.05
Mansfield-4.37
10 Day High1.85
10 Day Low1.54
20 Day High1.96
20 Day Low1.54
52 Week High4.04
52 Week Low1.54
CS1 End1.62
CR1 Start1.81
Volume & EV
DER(3)-11.02%
DER(5)-7.85%
Volume88.50K
Volume Incr-13.51%
Vol(5)103.04K
Vol(50)99.89K