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(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 2024-10-03 View latest technical analysis

10 day averaged volume of Generic Eng is 69127

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	43.22	43.99	45.98	42.25	0.854 times
01 Tue Oct 2024	44.45	44.65	45.00	43.10	0.395 times
30 Mon Sep 2024	43.49	44.98	44.98	42.55	0.846 times
27 Fri Sep 2024	44.36	45.95	45.95	43.05	0.736 times
26 Thu Sep 2024	44.27	42.90	44.37	41.55	0.438 times
25 Wed Sep 2024	42.26	43.00	43.00	41.11	0.623 times
24 Tue Sep 2024	42.13	43.00	43.00	41.55	1.102 times
23 Mon Sep 2024	42.99	43.15	44.45	42.65	0.743 times
20 Fri Sep 2024	44.23	45.00	45.65	43.65	0.569 times
19 Thu Sep 2024	45.90	45.85	45.95	43.30	2.127 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.5, but if it comes above 43.5, then a intra day buy could be more profitable.
If you take a sell trade below 43.5, then use 43.5 as stoploss and 41.3 as target. However if you take a buy trade in stock , then use 43.5 as stoploss and 45.32 as target.

Share price targets for Generic Eng (GENCON_BE)

Target Type	Value
Downside Target	40.00
Downside Target	41.11
Downside Target	42.25
Upside Target	43.30
Upside Target	45.50
Upside Target	47.61
Upside Target	48.65
Upside Target	49.80
Upside Target	50.00
Upside Target	51.00
Upside Target	51.51
Upside Target	57.40
Upside Target	69.00

Intraday share price targets for Generic Eng (GENCON_BE)

Target Type	Value
Downside Intraday Target	41.65
Downside Intraday Target	40.09
Upside Intraday Target	45.38
Upside Intraday Target	47.55
Upside Intraday Target	43.82

Weekly technical analysis of Generic Eng (GENCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	43.22	44.98	45.98	42.25	0.575 times
27 Fri Sep 2024	44.36	43.15	45.95	41.11	0.431 times
20 Fri Sep 2024	44.23	49.80	49.80	43.30	2.169 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	43.22	44.65	45.98	42.25	0.061 times
30 Mon Sep 2024	43.49	50.00	50.00	41.11	0.848 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

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 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_BE) ) 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_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 BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but SELL signal is weak.

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 43.97 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.