GENWORTH FINANCIAL INC (GNW) Stock Technical Analysis
NYSE:GNW - New York Stock Exchange, Inc. - US37247D1063 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to GNW. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GNW is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, GNW also shows a nice and consistent pattern of rising prices.
GNW is part of the Insurance industry. There are 144 other stocks in this industry. GNW outperforms 81% of them.
A new 52 week high is currently being made by GNW, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GNW has a been trading in the 6.72 - 8.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GNW has an average volume of 7786120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GNW has an excellent technical rating, it does not present a decent entry opportunity 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
6.51
7.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.90 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.71 to 6.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.88 to 7.90. 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 | 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 | 84.22 | POSITIVE | GNW has a high relative strength, it outperformed 84.22% 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) | 66.72 | NEUTRAL | The RSI value for GNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests GNW has a positive trend. |
| Stochastics (14,3) | 92.49 | OVERBOUGHT | The high Stochastics value suggests GNW may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for GNW suggests some volalility. |
| Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for GNW 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)
7.87
-0.02 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.25%
1 Week9.61%
2 Weeks13.89%
1 Month15.91%
3 Month11.32%
6 Month12.91%
12 Month30.3%
2 Year57.4%
3 Year122.95%
5 Year240.69%
10 Year3.96%
15 Year-39.79%
Volatility
ATR(14)0.27
ATR(20)%2.98%
ATR Inc-20.12%
Range Today0.16
ADR(20)0.22
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.22
Mansfield0.76
10 Day High8
10 Day Low6.75
20 Day High8
20 Day Low6.72
52 Week High8
52 Week Low5.95
CS1 End6.97
CR1 Start7.88
Volume & EV
DER(3)-2.06%
DER(5)-0.41%
Volume4.82M
Volume Incr50.12%
Vol(5)11.44M
Vol(50)7.79M