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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)

10 day averaged volume of Generic Eng is 156874

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	41.85	43.00	43.00	41.00	0.166 times
06 Wed Dec 2023	42.05	43.00	43.55	41.90	0.402 times
05 Tue Dec 2023	42.85	44.35	44.35	42.05	0.252 times
04 Mon Dec 2023	43.60	43.50	44.40	42.50	0.341 times
01 Fri Dec 2023	43.95	44.45	44.45	42.55	0.319 times
30 Thu Nov 2023	43.95	44.50	45.00	42.25	0.447 times
29 Wed Nov 2023	43.60	42.10	43.65	42.10	1.067 times
28 Tue Nov 2023	41.60	39.65	41.60	39.60	0.833 times
24 Fri Nov 2023	39.65	36.35	39.65	35.95	2.257 times
23 Thu Nov 2023	37.80	38.55	39.50	37.80	1.266 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.9 as stoploss in an intra day buy trade for a target of 43.69. However, stock will show a bearish move below 40.9.

Share price targets for Generic Eng (GENCON_BE)

Target Type	Value
Downside Target	35.95
Downside Target	39.60
Downside Target	41.00
Upside Target	42.30
Upside Target	43.60
Upside Target	46.75
Upside Target	46.90
Upside Target	48.55
Upside Target	49.30
Upside Target	49.55
Upside Target	50.55
Upside Target	53.75

Intraday share price targets for Generic Eng (GENCON_BE)

Target Type	Value
Downside Intraday Target	40.43
Downside Intraday Target	39.02
Upside Intraday Target	43.83
Upside Intraday Target	45.82
Upside Intraday Target	42.42

Weekly technical analysis of Generic Eng (GENCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	41.85	43.50	44.40	41.00	0.435 times
01 Fri Dec 2023	43.95	39.65	45.00	39.60	0.268 times
24 Fri Nov 2023	39.65	46.75	46.75	35.95	3.356 times
17 Fri Nov 2023	45.90	49.30	49.30	45.10	1.366 times
10 Fri Nov 2023	47.15	50.45	50.55	46.90	4.448 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
07 Thu Dec 2023	41.85	44.45	44.45	41.00	0.085 times
30 Thu Nov 2023	43.95	50.45	50.55	35.95	8.818 times
13 Fri Oct 2023	44.45	42.30	49.55	41.20	1.926 times
29 Fri Sep 2023	42.30	48.55	48.55	42.30	0.225 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 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_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 BUY signal for Generic Eng in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears 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 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 41.05 and Generic Eng (GENCON_BE) 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_BE) stock. Volume based technical analysis of Generic Eng (GENCON_BE) 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.