Gencorp Inc. (GY) Stock Technical Analysis
NYSE:GY - New York Stock Exchange, Inc. - US3686821006
Overall GY gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
GY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that GY is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
GY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GY is lagging the market.
Considerably lower volume is observed in the last couple of days.
GY has only a medium 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 very little resistance above the current price. There is a support zone below the current price at 20.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.99
23.42
4 important support areas can be observed.
- A support zone ranging from 20.39 to 20.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.33 from a trend line in the daily time frame.
- Support @18.02 from a trend line in the weekly time frame.
- Support @17.16 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.92 to 23.19. 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 GY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GY is down. |
| ChartMill Relative Strength | 80.32 | POSITIVE | GY has a high relative strength, it outperformed 80.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.37 | NEUTRAL | The RSI value for GY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests GY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.48 | OVERSOLD | The low Stochastics value suggests GY may be oversold. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for GY suggests some volalility. |
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)
20.8
-0.05 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.24%
1 Week1.56%
2 Weeks-3.48%
1 Month-8.85%
3 Month17.05%
6 Month23.44%
12 Month18.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%2.2%
ATR Inc-55.52%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.32
Mansfield0.74
10 Day High21.61
10 Day Low20.26
20 Day High23.39
20 Day Low20.26
52 Week High23.39
52 Week Low15.11
CS1 End20.66
CR1 Start22.92
Volume & EV
DER(3)3.23%
DER(5)3.28%
Volume257.50K
Volume Incr-55.55%
Vol(5)277.56K
Vol(50)498.21K