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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 2024-04-08 View latest technical analysis

10 day averaged volume of Generic Eng is 145958

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	46.10	46.45	50.80	45.00	3.322 times
05 Fri Apr 2024	46.45	43.40	46.85	41.90	1.386 times
04 Thu Apr 2024	42.60	43.00	43.60	41.85	0.313 times
03 Wed Apr 2024	42.55	43.00	43.60	42.15	0.453 times
02 Tue Apr 2024	41.60	40.80	41.60	40.00	0.331 times
01 Mon Apr 2024	39.65	38.60	39.65	38.60	0.335 times
28 Thu Mar 2024	37.80	39.45	40.20	37.20	1.016 times
27 Wed Mar 2024	38.80	40.40	41.30	38.25	1.86 times
26 Tue Mar 2024	39.35	41.40	41.40	38.65	2.551 times
22 Fri Mar 2024	40.05	40.40	41.35	39.10	1.024 times

Stock of Generic Eng (GENCON) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.1, but if it comes below 44.1, then a intra day sell could be more profitable.
If you take a sell trade below 44.1, then use 44.1 as stoploss and 41.52 as target. However if you take a buy trade in stock , then use 44.1 as stoploss and 47.3 as target.

Share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Target	37.20
Downside Target	38.05
Downside Target	41.40
Downside Target	45.00
Upside Target	46.85
Upside Target	50.45
Upside Target	50.50
Upside Target	50.80
Upside Target	51.70
Upside Target	57.45
Upside Target	64.15

Intraday share price targets for Generic Eng (GENCON)

Target Type	Value
Downside Intraday Target	43.8
Downside Intraday Target	41.5
Upside Intraday Target	49.6
Upside Intraday Target	53.1
Upside Intraday Target	47.3

Weekly technical analysis of Generic Eng (GENCON)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	46.10	46.45	50.80	45.00	1.179 times
05 Fri Apr 2024	46.45	38.60	46.85	38.60	0.519 times
28 Thu Mar 2024	37.80	41.40	41.40	37.20	0.922 times
22 Fri Mar 2024	40.05	40.50	41.70	38.05	2.165 times
15 Fri Mar 2024	40.50	47.95	47.95	39.10	1.42 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
08 Mon Apr 2024	46.10	38.60	50.80	38.60	0.375 times
28 Thu Mar 2024	37.80	49.00	50.50	37.20	0.747 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Generic Eng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Generic Eng in short term and BUY signal is strong.

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 42.03 and Generic Eng (GENCON) 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) stock. Volume based technical analysis of Generic Eng (GENCON) 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.