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

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

Showing technical analysis as on 2024-02-08 View latest technical analysis

10 day averaged volume of Generic Eng is 252239

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	60.65	62.00	62.90	58.50	0.829 times
07 Wed Feb 2024	61.40	62.95	64.15	58.85	0.931 times
06 Tue Feb 2024	61.35	59.55	61.35	59.55	1.456 times
05 Mon Feb 2024	58.45	57.65	59.15	53.85	1.163 times
02 Fri Feb 2024	56.35	55.20	56.40	54.70	0.965 times
01 Thu Feb 2024	53.75	54.25	54.25	51.70	0.77 times
31 Wed Jan 2024	51.70	47.35	51.70	47.35	0.441 times
06 Mon Nov 2023	50.65	53.30	54.75	50.45	3.179 times
03 Fri Nov 2023	53.25	55.10	55.70	52.95	0.16 times
02 Thu Nov 2023	55.15	57.45	57.45	53.50	0.372 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.3, but if it comes below 58.3, then a intra day sell could be more profitable.
If you take a sell trade below 58.3, then use 58.3 as stoploss and 54.26 as target. However if you take a buy trade in stock , then use 58.3 as stoploss and 63.1 as target.

Share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Target	43.50
Downside Target	46.15
Downside Target	47.35
Downside Target	50.45
Downside Target	51.70
Downside Target	52.95
Downside Target	55.85
Downside Target	57.45
Downside Target	59.00
Upside Target	64.15
Upside Target	65.40

Intraday share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Intraday Target	54.95
Downside Intraday Target	49.25
Upside Intraday Target	65.25
Upside Intraday Target	69.85
Downside Intraday Target	59.55

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	60.65	57.65	64.15	53.85	0.818 times
02 Fri Feb 2024	56.35	53.30	56.40	47.35	2.462 times
03 Fri Nov 2023	53.25	57.30	57.45	52.95	0.406 times
27 Fri Oct 2023	56.40	51.50	59.00	46.15	2.699 times
20 Fri Oct 2023	51.25	46.05	53.45	43.50	0.461 times

Price has moved up 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 Generic Eng (GENCON)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	60.65	54.25	64.15	51.70	13.85 times
31 Wed Jan 2024	51.70	47.35	51.70	47.35	0.103 times
06 Mon Nov 2023	50.65	53.30	57.45	50.45	0.508 times
31 Tue Oct 2023	53.90	46.05	59.00	43.50	0.597 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Generic Eng (GENCON)

Price action analysis of Generic Eng ( (GENCON) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Generic Eng ( (GENCON) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Generic Eng ( (GENCON) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Generic Eng stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Generic Eng in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Generic Eng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Generic Eng in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 Generic Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.85 and Generic Eng (GENCON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Generic Eng Stock is giving positive 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.