GENTIAN DIAGNOSTICS ASA (GENT.OL) Stock Technical Analysis
OSL:GENT - Euronext Oslo - NO0010748866 - Common Stock - Currency: NOK
Taking everything into account, GENT scores 6 out of 10 in our technical rating. GENT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, GENT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 48.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GENT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
39.56
We found 3 important support areas.
- A support zone ranging from 46.59 to 46.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.00 from a horizontal line in the daily time frame.
- Support @39.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.48 to 50.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.02 | 46.58 | 3.44 (6.88%) | 14.54% |
| An entry @50.02. This is a Buy Stop order right above the resistance zone. | An exit @46.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.44 points, which is 6.88%. | When investing 14.54% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:GENT (3/7/2025, 7:00:00 PM)
46.8
-0.8 (-1.68%)