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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 2024-06-12 View latest technical analysis

10 day averaged volume of Generic Eng is 62925

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	40.68	41.50	41.74	40.35	0.63 times
11 Tue Jun 2024	40.83	40.58	41.25	40.32	0.645 times
10 Mon Jun 2024	40.55	41.40	41.40	39.93	0.457 times
07 Fri Jun 2024	39.65	40.50	41.90	39.10	1.875 times
06 Thu Jun 2024	38.70	39.35	39.70	37.30	1.1 times
05 Wed Jun 2024	36.50	36.35	37.95	34.55	1.341 times
04 Tue Jun 2024	35.15	39.70	39.70	35.05	1.624 times
03 Mon Jun 2024	38.90	40.85	40.85	38.55	1.14 times
31 Fri May 2024	38.95	39.40	39.40	38.15	0.405 times
30 Thu May 2024	37.80	39.80	39.80	37.05	1.277 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 40.9 as stoploss in an intra day sell trade for a target of 39.43. However, stock will show a bullish move above 40.9.

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	41.45
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	39.83
Downside Intraday Target	38.97
Upside Intraday Target	41.64
Upside Intraday Target	42.59
Upside Intraday Target	40.78

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	40.68	41.40	41.74	39.93	0.245 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
12 Wed Jun 2024	40.68	40.85	41.90	34.55	0.518 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 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 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 gaining 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 coming down

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 and the buying is gaining 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 38.29 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.