Logo image of GNRX

Market Vectors Generic Drugs Et (GNRX) Stock Technical Analysis

NASDAQ:GNRX - Nasdaq -

22.416  -0.01 (-0.06%)

Technical Rating and Analysis

1

Taking everything into account, GNRX scores 1 out of 10 in our technical rating. GNRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GNRX is a bad performer in the overall market: 75% of all stocks are doing better.
Warning: GNRX has an average volume of 1386 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
GNRX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GNRX is lagging the market slightly.
In the last month GNRX has a been trading in a tight range between 21.80 and 22.56.
Weekly and Daily overview Charts
Market Vectors Generic Drugs Et / GNRX Weekly stock chart
Market Vectors Generic Drugs Et / GNRX Daily stock chart
Setup Rating and Analysis

7

GNRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.27, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

19.98

25.79

3 important support areas can be observed.

  • A support zone ranging from 21.95 to 22.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.56 from a horizontal line in the weekly time frame.
  • Support @20.18 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 22.43 to 22.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @23.30 from a horizontal line in the weekly time frame.
  • Resistance @25.53 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.86
Mansfield-1.05
10 Day High22.56
10 Day Low21.8
20 Day High22.56
20 Day Low21.8
52 Week High26.49
52 Week Low20.17
Performance
1 Week2.31%
2 Weeks1.44%
1 Month0.57%
3 Month7.41%
6 Month-10.3%
12 Month-15.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)54.14
LBB21.73
UBB22.62
Market Vectors Generic Drugs Et / GNRX Daily stock chart

Market Vectors Generic Drugs Et

NASDAQ:GNRX (4/4/2019, 8:31:00 PM)

22.416

-0.01 (-0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week2.31%
2 Weeks1.44%
1 Month0.57%
3 Month7.41%
6 Month-10.3%
12 Month-15.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.06%
ATR Inc24.25%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.86
Mansfield-1.05
10 Day High22.56
10 Day Low21.8
20 Day High22.56
20 Day Low21.8
52 Week High26.49
52 Week Low20.17
CS1 End22.27
CR1 Start22.43
Volume & EV
DER(3)0%
DER(5)0%
Volume3.30K
Volume Incr-9.09%
Vol(5)1.20K
Vol(50)1.39K