GENASYS INC (GNSS) Stock Technical Analysis
NASDAQ:GNSS • US36872P1030
Taking everything into account, GNSS scores 0 out of 10 in our technical rating. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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. 82% of 48 stocks in the same industry do better.
- GNSS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GNSS is lagging the market.
- In the last month GNSS has a been trading in the 1.78 - 2.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GNSS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.05. Right above this resistance zone may be a good entry point.
More info and screens
1.79
We found 2 important support areas.
- Support @1.87 from a trend line in the weekly time frame.
- A support zone ranging from 1.81 to 1.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.05 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.22 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.28 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.41 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 GNSS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GNSS is neutral. |
| ChartMill Relative Strength | 14.95 | NEGATIVE | GNSS has a low relative strength, it was outperformed by 85.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GNSS is above 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 | MIXED | The current price of GNSS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.48 | 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. |
| Stochastics (14,3) | 76.04 | NEUTRAL | The Stochastics value for GNSS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for GNSS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for GNSS suggests a weak or negative trend. |
2.04
+0.01 (+0.49%)
GENASYS INC / GNSS FAQ
Can you provide the ChartMill technical rating for GENASYS INC?
ChartMill assigns a technical rating of 0 / 10 to GNSS.
Can you provide the trend direction for GENASYS INC?
The current trend direction for GENASYS INC (GNSS) is Bearish.
Can you provide the RSI signal for GENASYS INC?
GENASYS INC (GNSS) has an RSI value of 50.4815. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GENASYS INC?
The short term momentum for GENASYS INC (GNSS) is neutral.
What are the support and resistance levels for GENASYS INC (GNSS) stock?
GENASYS INC (GNSS) has a support level at 1.87 and a resistance level at 2.05. Check the full technical report for our detailed analysis of GNSS support and resistance levels.