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(Gencon) Gencon complete technical analysis [charts+indicators] | Buy/Sell Gencon | (Gencon) share price targets

Complete technical analysis of Gencon (Gencon) by charts plus indicators, forecast predictions and share price targets for Gencon (Gencon)

10 day averaged volume of Gencon is 11250

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 39.97 40.45 40.46 39.05 0.891 times
06 Mon May 2024 39.76 41.34 41.34 39.26 2.225 times
03 Fri May 2024 40.62 41.00 41.90 40.00 0.7 times
02 Thu May 2024 41.23 42.75 42.75 40.29 1.026 times
30 Tue Apr 2024 41.89 42.95 43.15 41.65 0.505 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.7, but if it comes above 40.7, then a intra day buy could be more profitable.
If you take a sell trade below 40.7, then use 40.7 as stoploss and 38.4 as target. However if you take a buy trade in stock , then use 40.7 as stoploss and 42.55 as target.

Share price targets for Gencon (Gencon)

Target Type Value
Downside Target 37.35
Downside Target 38.99
Upside Target 42.75
Upside Target 43.50
Upside Target 43.70
Upside Target 47.74
Upside Target 50.45
Upside Target 50.90
Upside Target 52.25
Upside Target 64.52

Intraday share price targets for Gencon (Gencon)

Target Type Value
Downside Intraday Target 38.9
Downside Intraday Target 37.83
Upside Intraday Target 41.19
Upside Intraday Target 42.41
Upside Intraday Target 40.12

Weekly technical analysis of Gencon (Gencon)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 39.97 41.34 41.34 39.05 0.969 times
03 Fri May 2024 40.62 42.90 43.15 40.00 0.815 times
26 Fri Apr 2024 42.06 41.86 43.70 41.14 1.192 times
19 Fri Apr 2024 41.86 42.11 43.50 40.72 0.5 times
12 Fri Apr 2024 44.64 46.55 50.45 43.50 1.166 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Gencon (Gencon)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 39.97 42.75 42.75 39.05 0.23 times
30 Tue Apr 2024 41.89 38.99 50.45 38.99 0.639 times
28 Thu Mar 2024 37.64 49.89 50.90 37.35 0.556 times
29 Thu Feb 2024 48.95 54.39 64.52 47.74 1.106 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Gencon (Gencon)

Indicator Name Indicator Value Indicator Signal
ADX 16, 23, 19 Sell
MACD -2, -2Sell
Stochastics 16Sell
CCI -141Sell
RSI 53Buy
OBV -57481Sell
VWAP 41Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Gencon ( (Gencon) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gencon ( (Gencon) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gencon ( (Gencon) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Gencon ( (Gencon) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Gencon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Gencon in short term and the sell signal is strong.

Gencon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Gencon in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Gencon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.23 and Gencon (Gencon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Gencon (Gencon) stock. Volume based technical analysis of Gencon (Gencon) stock is negative.

Gencon Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Click here for further forecast and predictions for tomorrow

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