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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 2024-06-06 View latest technical analysis

10 day averaged volume of Generic Eng is 58685

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	38.70	39.35	39.70	37.30	1.18 times
05 Wed Jun 2024	36.50	36.35	37.95	34.55	1.438 times
04 Tue Jun 2024	35.15	39.70	39.70	35.05	1.741 times
03 Mon Jun 2024	38.90	40.85	40.85	38.55	1.222 times
31 Fri May 2024	38.95	39.40	39.40	38.15	0.435 times
30 Thu May 2024	37.80	39.80	39.80	37.05	1.369 times
29 Wed May 2024	39.10	40.00	40.00	39.00	0.146 times
28 Tue May 2024	39.75	40.70	40.70	39.55	0.406 times
27 Mon May 2024	40.00	41.45	41.45	39.85	0.578 times
24 Fri May 2024	40.60	41.75	42.00	40.30	0.852 times

My analysis of stock is bearish for shortterm, and stock might move down till 37.8 or till 36.2. Use a stoploss of 39.2 and if the stock hits stoploss, then it can shoot up till 40.56

Share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Target	34.55
Downside Target	37.05
Downside 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	35.22
Downside Intraday Target	31.73
Upside Intraday Target	41.52
Upside Intraday Target	44.33
Downside Intraday Target	38.03

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	38.70	40.85	40.85	34.55	1.903 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
06 Thu Jun 2024	38.70	40.85	40.85	34.55	0.306 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Generic Eng in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 37.91 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 negative.

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