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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 2024-06-05 View latest technical analysis

10 day averaged volume of Generic Eng is 51622

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	36.50	36.35	37.95	34.55	1.635 times
04 Tue Jun 2024	35.15	39.70	39.70	35.05	1.979 times
03 Mon Jun 2024	38.90	40.85	40.85	38.55	1.389 times
31 Fri May 2024	38.95	39.40	39.40	38.15	0.494 times
30 Thu May 2024	37.80	39.80	39.80	37.05	1.557 times
29 Wed May 2024	39.10	40.00	40.00	39.00	0.165 times
28 Tue May 2024	39.75	40.70	40.70	39.55	0.461 times
27 Mon May 2024	40.00	41.45	41.45	39.85	0.657 times
24 Fri May 2024	40.60	41.75	42.00	40.30	0.969 times
23 Thu May 2024	40.90	40.30	42.95	40.25	2.061 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 36.2, for a target of 37.9 or 39.23

Share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Target	34.55
Upside Target	37.05
Upside Target	38.05
Upside Target	40.85
Upside Target	41.50
Upside Target	42.40
Upside Target	42.95
Upside Target	47.50
Upside Target	50.50
Upside Target	50.80
Upside Target	64.15

Intraday share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Intraday Target	33.75
Downside Intraday Target	31
Upside Intraday Target	40.05
Upside Intraday Target	43.6
Upside Intraday Target	37.3

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	36.50	40.85	40.85	34.55	1.501 times
31 Fri May 2024	38.95	41.45	41.45	37.05	0.817 times
24 Fri May 2024	40.60	40.45	42.95	39.40	1.315 times
18 Sat May 2024	40.35	40.70	41.50	38.05	0.461 times
10 Fri May 2024	39.15	42.40	42.40	38.85	1.205 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Generic Eng (GENCON)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	36.50	40.85	40.85	34.55	0.241 times
31 Fri May 2024	38.95	41.80	42.95	37.05	0.672 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Strong and stock is gaining momentum.

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

Generic Eng 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 below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 38.36 and Generic Eng (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 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 negative.

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