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

(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 2024-03-06 View latest technical analysis

10 day averaged volume of Generic Eng is 63093

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	45.70	46.50	47.30	44.10	1.469 times
05 Tue Mar 2024	46.40	47.50	47.90	46.00	1.482 times
04 Mon Mar 2024	47.50	50.35	50.35	47.25	0.903 times
02 Sat Mar 2024	49.65	49.35	50.50	49.10	0.056 times
01 Fri Mar 2024	49.35	49.00	50.00	48.20	0.92 times
29 Thu Feb 2024	48.85	48.95	50.50	47.50	1.033 times
28 Wed Feb 2024	48.75	49.05	49.95	47.65	1.873 times
27 Tue Feb 2024	49.05	51.85	51.85	48.80	1.193 times
26 Mon Feb 2024	51.35	51.75	51.75	50.70	0.379 times
23 Fri Feb 2024	51.20	51.45	51.95	50.65	1.122 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 44.4, for a target of 48 or 51.08

Share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Target	43.50
Upside Target	47.35
Upside Target	49.60
Upside Target	51.70
Upside Target	51.85
Upside Target	53.85
Upside Target	55.80
Upside Target	57.45
Upside Target	59.00
Upside Target	59.90
Upside Target	64.15

Intraday share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Intraday Target	43.08
Downside Intraday Target	40.47
Upside Intraday Target	49.33
Upside Intraday Target	52.97
Upside Intraday Target	46.72

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	45.70	50.35	50.35	44.10	0.707 times
02 Sat Mar 2024	49.65	51.75	51.85	47.50	0.638 times
23 Fri Feb 2024	51.20	55.00	55.80	49.60	0.767 times
16 Fri Feb 2024	55.50	59.30	59.90	49.95	0.569 times
09 Fri Feb 2024	57.75	57.65	64.15	53.85	0.916 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
06 Wed Mar 2024	45.70	49.00	50.50	44.10	0.095 times
29 Thu Feb 2024	48.85	54.25	64.15	47.50	28.744 times
31 Wed Jan 2024	51.70	47.35	51.70	47.35	0.103 times
06 Mon Nov 2023	50.65	53.30	57.45	50.45	0.508 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 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) ) 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 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 48.34 and Generic Eng (GENCON) 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) 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.