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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 2024-06-11 View latest technical analysis

10 day averaged volume of Generic Eng is 61247

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	40.83	40.58	41.25	40.32	0.663 times
10 Mon Jun 2024	40.55	41.40	41.40	39.93	0.469 times
07 Fri Jun 2024	39.65	40.50	41.90	39.10	1.926 times
06 Thu Jun 2024	38.70	39.35	39.70	37.30	1.131 times
05 Wed Jun 2024	36.50	36.35	37.95	34.55	1.378 times
04 Tue Jun 2024	35.15	39.70	39.70	35.05	1.668 times
03 Mon Jun 2024	38.90	40.85	40.85	38.55	1.171 times
31 Fri May 2024	38.95	39.40	39.40	38.15	0.417 times
30 Thu May 2024	37.80	39.80	39.80	37.05	1.312 times
29 Wed May 2024	39.10	40.00	40.00	39.00	0.139 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.8, but if it comes below 40.8, then a intra day sell could be more profitable.
If you take a sell trade below 40.8, then use 40.8 as stoploss and 39.4 as target. However if you take a buy trade in stock , then use 40.8 as stoploss and 42.5 as target.

Share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Target	34.55
Downside Target	37.05
Downside Target	38.05
Downside Target	39.40
Upside Target	41.40
Upside Target	41.90
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	40.04
Downside Intraday Target	39.25
Upside Intraday Target	41.51
Upside Intraday Target	42.19
Downside Intraday Target	40.72

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	40.83	41.40	41.40	39.93	0.156 times
07 Fri Jun 2024	39.65	40.85	41.90	34.55	2.588 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

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
11 Tue Jun 2024	40.83	40.85	41.90	34.55	0.481 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 up 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Generic Eng ( (GENCON) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Generic Eng stock for short term is BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Generic Eng in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 38.15 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 negative.

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