GENWORTH FINANCIAL INC (GNW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GNW - US37247D1063 - Common Stock
Taking everything into account, GNW scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GNW is showing a nice and steady performance.
GNW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.80, a Stop Loss order could be placed below this zone.
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We found 5 important support areas.
- A support zone ranging from 8.67 to 8.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.43 to 8.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @8.26 from a horizontal line in the daily time frame.
- Support @7.02 from a trend line in the weekly time frame.
- Support @6.58 from a horizontal 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 and important moving averages 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 | UP | POSITIVE | The long term trend for GNW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GNW is up. |
| ChartMill Relative Strength | 81.47 | POSITIVE | GNW has a high relative strength, it outperformed 81.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNW is above the rising 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) | 60.9 | NEUTRAL | The RSI value for GNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GNW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.77 | NEUTRAL | The Stochastics value for GNW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for GNW suggests low volalility. |
| Average Directional Index/ADX (14) | 23.09 | NEUTRAL | The ADX value for GNW suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.26 | 8.90 | 0.36 (3.89%) | 25.00% |
| An entry @9.26. This is a Buy Stop order right above the resistance zone. | An exit @8.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.36 points, which is 3.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.1
+0.03 (+0.33%)
GENWORTH FINANCIAL INC / GNW FAQ
What is the technical rating for GNW stock?
ChartMill assigns a technical rating of 10 / 10 to GNW.
What is the current trend direction of GENWORTH FINANCIAL INC (GNW) stock?
The current trend direction for GENWORTH FINANCIAL INC (GNW) is Bullish.
What is the RSI signal for GNW stock?
GENWORTH FINANCIAL INC (GNW) has an RSI value of 60.8964. This indicates that the stock is currently neutral.
What is the buy/sell signal for GENWORTH FINANCIAL INC (GNW) stock?
The buy/sell signal for GENWORTH FINANCIAL INC (GNW) is buy as both the short term and long term trends are positive.
What is the support and resistance level for GNW stock?
GENWORTH FINANCIAL INC (GNW) has a support level at 8.8 and a resistance level at 9.11. Check the full technical report for our detailed analysis of GNW support and resistance levels.