GENWORTH FINANCIAL INC (GNW) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:GNW • US37247D1063
We assign a technical rating of 6 out of 10 to GNW. GNW has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that GNW is one of the better performing stocks in the market, outperforming 70% of all stocks.
- GNW is part of the Insurance industry. There are 149 other stocks in this industry. GNW outperforms 85% of them.
- GNW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GNW has a been trading in the 8.02 - 9.09 range, which is quite wide. It is currently trading near the high of this range.
- GNW has an average volume of 3882650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GNW has an average technical rating and it also does not offer a high 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
7.03
We found 3 important support areas.
- A support zone ranging from 8.47 to 8.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.13 to 8.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.10 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.11 to 9.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GNW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GNW is up. |
| ChartMill Relative Strength | 70.67 | POSITIVE | GNW has a high relative strength, it outperformed 70.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GNW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GNW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for GNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests GNW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.09 | OVERBOUGHT | The high Stochastics value suggests GNW may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for GNW suggests some volalility. |
| Average Directional Index/ADX (14) | 25.89 | POSITIVE | The high ADX value value for GNW suggests a strong trend. |
8.88
-0.15 (-1.66%)
GENWORTH FINANCIAL INC / GNW FAQ
What is the technical rating for GNW stock?
ChartMill assigns a technical rating of 6 / 10 to GNW.
What is the trend direction for GNW stock?
The current trend direction for GENWORTH FINANCIAL INC (GNW) is Bearish.
Can you provide the RSI signal for GENWORTH FINANCIAL INC?
GENWORTH FINANCIAL INC (GNW) has an RSI value of 58.0392. This indicates that the stock is currently neutral.
What is the short term momentum for GENWORTH FINANCIAL INC (GNW) stock?
The short term momentum for GENWORTH FINANCIAL INC (GNW) is positive.
What are the support and resistance levels for GENWORTH FINANCIAL INC (GNW) stock?
GENWORTH FINANCIAL INC (GNW) has a support level at 8.75 and a resistance level at 9.11. Check the full technical report for our detailed analysis of GNW support and resistance levels.