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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 2024-10-18 View latest technical analysis

10 day averaged volume of Generic Eng is 854459

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	41.12	42.40	42.69	39.00	0.084 times
17 Thu Oct 2024	41.81	45.19	45.19	41.70	0.169 times
16 Wed Oct 2024	43.70	44.00	44.83	42.61	0.089 times
15 Tue Oct 2024	43.34	44.70	44.70	42.51	0.033 times
14 Mon Oct 2024	43.88	47.19	47.19	42.50	0.08 times
11 Thu Jul 2024	68.30	68.15	70.97	65.10	1.692 times
10 Wed Jul 2024	68.15	63.85	68.98	60.00	1.848 times
09 Tue Jul 2024	64.91	60.00	65.80	57.25	2.768 times
08 Mon Jul 2024	61.41	54.00	61.69	52.45	2.537 times
05 Fri Jul 2024	51.41	47.05	53.20	45.98	0.655 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.3, but if it comes above 42.3, then a intra day buy could be more profitable.
If you take a sell trade below 42.3, then use 42.3 as stoploss and 32.5 as target. However if you take a buy trade in stock , then use 42.3 as stoploss and 50.48 as target.

Share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Target	34.55
Downside Target	37.05
Downside Target	38.60
Downside Target	40.25
Upside Target	42.95
Upside Target	45.25
Upside Target	46.80
Upside Target	50.80
Upside Target	52.45
Upside Target	53.78
Upside Target	56.49
Upside Target	70.97

Intraday share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Intraday Target	37.68
Downside Intraday Target	34.25
Upside Intraday Target	45.87
Upside Intraday Target	50.63
Upside Intraday Target	42.44

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	41.12	47.19	47.19	39.00	0.051 times
11 Thu Jul 2024	68.30	54.00	70.97	52.45	8.562 times
05 Fri Jul 2024	51.41	47.84	53.20	45.25	1.428 times
28 Fri Jun 2024	47.20	49.49	53.78	46.80	0.157 times
21 Fri Jun 2024	48.75	41.59	56.49	40.25	16.861 times

Price has moved down 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
18 Fri Oct 2024	41.12	47.19	47.19	39.00	0.046 times
11 Thu Jul 2024	68.30	47.84	70.97	45.25	1.61 times
28 Fri Jun 2024	47.20	40.85	56.49	34.55	4.894 times
31 Fri May 2024	38.95	41.80	42.95	37.05	0.672 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Generic Eng ( (GENCON) ) based on a short to mid 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 mid to longer 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.

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 but the sell signal is initial and weak.

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 below the red cloud Prices appear to be coming down

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

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 63.28 and Generic Eng (GENCON) stock is trading below this level. This means that stock is falling with high volumes. 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 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.