Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(GENCON_BE) Generic Eng complete technical analysis [charts+indicators] | Buy/Sell Generic Eng | (GENCON_BE) share price targets

Complete technical analysis of Generic Eng (GENCON_BE) by charts plus indicators, forecast predictions and share price targets for Generic Eng (GENCON_BE)

Showing technical analysis as on 2024-09-19 View latest technical analysis

10 day averaged volume of Generic Eng is 79831

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	45.90	45.85	45.95	43.30	1.842 times
18 Wed Sep 2024	45.43	47.55	47.55	45.20	2.096 times
17 Tue Sep 2024	46.32	47.99	48.00	45.11	2.104 times
16 Mon Sep 2024	47.49	49.80	49.80	46.35	0.79 times
13 Fri Sep 2024	47.81	47.86	48.00	46.24	0.391 times
12 Thu Sep 2024	47.02	47.70	47.93	46.20	0.229 times
11 Wed Sep 2024	47.16	47.18	48.65	45.60	1.738 times
10 Tue Sep 2024	47.18	46.60	48.00	45.50	0.674 times
09 Mon Sep 2024	46.57	46.00	47.41	45.70	0.345 times
06 Fri Sep 2024	47.15	47.73	47.73	46.00	0.842 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.3, but if it comes above 46.3, then a intra day buy could be more profitable.
If you take a sell trade below 46.3, then use 46.3 as stoploss and 44.3 as target. However if you take a buy trade in stock , then use 46.3 as stoploss and 47.96 as target.

Share price targets for Generic Eng (GENCON_BE)

Target Type	Value
Downside Target	39.25
Downside Target	43.30
Downside Target	44.45
Downside Target	45.50
Upside Target	47.61
Upside Target	48.65
Upside Target	49.80
Upside Target	51.00
Upside Target	51.51
Upside Target	52.98
Upside Target	53.35
Upside Target	57.40
Upside Target	69.00

Intraday share price targets for Generic Eng (GENCON_BE)

Target Type	Value
Downside Intraday Target	42.87
Downside Intraday Target	39.83
Upside Intraday Target	49.37
Upside Intraday Target	52.83
Upside Intraday Target	46.33

Weekly technical analysis of Generic Eng (GENCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	45.90	49.80	49.80	43.30	2.023 times
13 Fri Sep 2024	47.81	46.00	48.65	45.50	1.115 times
06 Fri Sep 2024	47.15	50.00	50.00	46.00	0.487 times
30 Fri Aug 2024	48.47	52.98	52.98	47.61	1.501 times
23 Fri Aug 2024	51.51	50.50	53.35	48.75	1.081 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	45.90	50.00	50.00	43.30	0.637 times
30 Fri Aug 2024	48.47	55.85	57.40	47.61	1.071 times
31 Wed Jul 2024	55.85	69.00	69.00	51.51	0.688 times
30 Tue Jan 2024	49.25	42.40	51.00	40.00	1.202 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_BE)

Price action analysis of Generic Eng ( (GENCON_BE) ) 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_BE) ) 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_BE) ) 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 BUY signal in short term but buying 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 46.49 and Generic Eng (GENCON_BE) 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_BE) stock. Volume based technical analysis of Generic Eng (GENCON_BE) 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.