Technical analysis from Genesis Energy (GNE.AX.AX, ASX:GNE.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Genesis Energy
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Recent trading has highlighted low Ulcer index for Genesis Energy
Ulcer Index /
Recent trading has highlighted low Ulcer index for Genesis Energy

[BEARISH]: Genesis Energy UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.788.

Genesis Energy has signalled an ATR trend present [Downtrend]
Average True Range /
Genesis Energy has signalled an ATR trend present [Downtrend]

[Bearish]: Average True Range has confirmed an downtrend is present. Genesis Energy has a TR of 0.06, and an ATR(14) of 0.047.

Daily Volume Index /
Genesis Energy is now being accumulated based on DVI

[BULLISH CROSSOVER]: Genesis Energy current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

Sine Weighted Moving Average /
Price continues to trade below the Sine Weighted Moving Average(5) for GNE

[BEARISH]: Genesis Energy currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.3%.

On Balance Volume /
Genesis Energy: Confirmation of stock distribution

[BEARISH]: Genesis Energy current price has highlighted recent distribution. Currently, the OBV is -42405.

Medium Trend /
Genesis Energy: Medium term trend (Uptrend)

[BULLISH]: Genesis Energy has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jan 8 2018.

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MACD /
Genesis Energy: MACD @-0.008000 [Bearish]

[BEARISH]: Genesis Energy currently has negative MACD of -0.008000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -3.5%.

DeMark pivot point for GNE is bearish. Stoploss should be positioned @$2.22
Demarks Pivot Points /
DeMark pivot point for GNE is bearish. Stoploss should be positioned @$2.22

Genesis Energy current pivot point (DeMark) is: (R1) $2.22. The current pivot point (DeMark) is: (S1) $2.16.

Open/close reversal confirmed for Genesis Energy signalling the sellers have lost commitment
Open Tod Vs Close Tod /
Open/close reversal confirmed for Genesis Energy signalling the sellers have lost commitment

[BEARISH WEAK]: Genesis Energy opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment. Over the last 12 months there has been 19 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 7.3%. Over the last month there has been 1 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 12.5%.

Low Price /
Genesis Energy: Daily low price is $2.18 [Lower low]

GNE: LOW Current Signal -> (1) 11 Jan: BEARISH (2) 10 Jan: BEARISH (3) 09 Jan: BULLISH

Williams %R /
Genesis Energy is still oversold with the William %R @-85.7

[BEARISH]: Genesis Energy is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Elders Force Index /
Bearish conditions for GNE are likely to continue based on EFI (-101)

[BEARISH]: Genesis Energy current price has highlighted recent selling pressure. Currently, the Elders Force Index is -101.

The TMA trend following signal is still current for Genesis Energy [Bearish]
Triangular Moving Average /
The TMA trend following signal is still current for Genesis Energy [Bearish]

[BEARISH]: Genesis Energy currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -1.3%.

Volume MACD oscillator remains positive for GNE
MACD Volume /
Volume MACD oscillator remains positive for GNE

[BULLISH]: Genesis Energy currently has positive Volume MACD of 7336. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Chaikin Money Flow /
Genesis Energy: Chaikin Oscillator crossover has formed from increased buying pressure

GNE: Chaikin Oscillator Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: NEUTRAL (3) 11 Jan: BULLISH CROSSOVER

Rate of Change /
14-day rate of change is decreasing for Genesis Energy

[BEARISH]: Genesis Energy currently has negative rate of change of -4.3%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Volume Rate of Change /
VROC continues to fall for Genesis Energy signalling an downtrend will persist

[BEARISH]: Genesis Energy currently has negative rate of change of -9%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.3%.

Genesis Energy has broken the first Camarilla support point ($2.016) [Bearish]
Camarilla Pivot Points /
Genesis Energy has broken the first Camarilla support point ($2.016) [Bearish]

Genesis Energy has broken the first Camarilla support point ($2.016) [Bearish]. Look for a short limit order entry near this point. Exit price for GNE should be set @$1.832 & short position stoploss for Genesis Energy should be set between $2.568 & $2.752

Genesis Energy has broken the first support point ($2.174) [Bearish]
Pivot Points /
Genesis Energy has broken the first support point ($2.174) [Bearish]

Genesis Energy has broken the first support point ($2.174) [Bearish]. Look for a short limit order entry near this point. Exit price for GNE should be set @$2.147 & short position stoploss for Genesis Energy should be set between $2.267 & $2.294

[Short]: Exit price for GNE should be set @$0.24
Fibonacci Extensions /
[Short]: Exit price for GNE should be set @$0.24

Genesis Energy has moved above the 161.8% level ($0.22) [Bearish]. Look for a short limit order entry near this point. Exit price for GNE should be set @$0.24 & short position stoploss for Genesis Energy should be set at $0.2

Exponential Moving Average /
Price continues to trade below the Exponential Moving Average(5) for GNE

[BEARISH]: Genesis Energy currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.3%.

Closing Price /
Genesis Energy has failed to achieve a higher close of $2.2 (-1.3 %)

[BEARISH]: Genesis Energy current downtrend in the first timeframe. Currently, the Close is $2.2.

Moving Average Envelope /
Closing price ($2.2) for GNE is still below the Lower Envelope Band

[BULLISH]: Genesis Energy current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 2.1375.

Range Tod Vs Range Yest /
Sellers are still less eager for Genesis Energy given the price range is contracting

[WEAK BULLISH]: Genesis Energysellers are becoming less eager. There has been 2 consecutive days of range increase for GNE reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.11 & the greatest daily price range this year has been $0.11. The price range ratio this week versus the quarterly price range is 0.9x & the price range ratio this month versus the year to date price range is 1x.

Stochastic Oversold signal is still current for Genesis Energy [Bullish]
Stochastic Oscillator /
Stochastic Oversold signal is still current for Genesis Energy [Bullish]

GNE: Stochastic Oscillator Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Recent trading has opened -1.8 % higher than previous close for GNE
Opening Price /
Recent trading has opened -1.8 % higher than previous close for GNE

[BULLISH]: Genesis Energy opening price has gapped up. Currently, the OPEN is $2.24 (-1.8 %).

Black Candle /
GNE Basic Candle: Black

GNE: Basic Candlestick Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

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