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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 2024-05-16 View latest technical analysis

10 day averaged volume of Generic Eng is 60422

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	40.25	40.65	40.70	39.30	0.375 times
15 Wed May 2024	40.00	40.40	40.40	39.45	0.317 times
14 Tue May 2024	39.25	40.40	40.40	38.85	0.536 times
13 Mon May 2024	38.70	40.70	40.70	38.05	0.404 times
10 Fri May 2024	39.15	40.80	40.80	38.85	0.585 times
09 Thu May 2024	39.30	41.40	41.50	39.05	0.914 times
08 Wed May 2024	40.50	39.80	40.90	39.50	0.663 times
07 Tue May 2024	39.80	40.70	40.75	39.05	0.88 times
06 Mon May 2024	39.95	42.40	42.40	39.50	2.705 times
03 Fri May 2024	40.45	40.60	41.80	39.30	0.786 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.6 or till 38.2. Use a stoploss of 40.77 and if the stock hits stoploss, then it can shoot up till 41.92

Share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Target	37.20
Downside Target	38.05
Downside Target	40.20
Upside Target	42.40
Upside Target	43.70
Upside Target	43.95
Upside Target	47.35
Upside Target	47.50
Upside Target	50.50
Upside Target	50.80
Upside Target	51.70
Upside Target	64.15

Intraday share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Intraday Target	38.63
Downside Intraday Target	37.02
Upside Intraday Target	41.28
Upside Intraday Target	42.32
Downside Intraday Target	39.67

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	40.25	40.70	40.70	38.05	0.284 times
10 Fri May 2024	39.15	42.40	42.40	38.85	1.205 times
03 Fri May 2024	40.45	41.55	43.80	39.30	1.292 times
26 Fri Apr 2024	42.10	42.95	43.70	41.25	1.148 times
19 Fri Apr 2024	41.60	42.30	43.95	40.20	0.295 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
16 Thu May 2024	40.25	41.80	42.60	38.05	0.393 times
30 Tue Apr 2024	41.70	38.60	50.80	38.60	0.667 times
28 Thu Mar 2024	37.80	49.00	50.50	37.20	0.747 times
29 Thu Feb 2024	48.85	54.25	64.15	47.50	28.744 times

Scroll below to view daily charts

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 Generic Eng (GENCON)

Price action analysis of Generic Eng ( (GENCON) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Generic Eng ( (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 Generic Eng ( (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 Generic Eng ( (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 Generic Eng stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

Generic Eng Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 buy signal for Generic Eng in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Stock of Generic Eng is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.8 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 falling down

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 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.