Technical analysis from Genesis Energy (GNE.NZ.NZ, NZE:GNE.NZ) on the New Zealand Stock Exchange (NZX). Download the latest price data & trading signals

Genesis Energy
+ Share

The WMA trend following signal is now active for Genesis Energy [Bullish]
Weighted Moving Average /
The WMA trend following signal is now active for Genesis Energy [Bullish]

[BULLISH]: Genesis Energy currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 2.1%.

GNE: Moving Average Convergence Divergence [Bearish]
MACD /
GNE: Moving Average Convergence Divergence [Bearish]

[BEARISH]: Genesis Energy currently has negative MACD of -0.015000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -1.1%.

Close Tod Vs Range Tod /
Currently this quarter, closing price for GNE has spent 5 days in the upper price range

[BULLISH]: Genesis Energy buyers are in control at the market close. This is the first day of buyer commitment for Genesis Energy adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 26 trading days with the closing price in the upper part of the range giving a confirmation ratio of 55.3%. Over the last month there has been 5 trading days with the closing price in the upper range giving a confirmation ratio of 62.5%. Currently this quarter, closing price has spent 5 days in the upper price range compared to 6 days in the lower range giving a ratio of 0.8x.

Ulcer Index /
Drawdown for Genesis Energy is currently low signalling low stress

GNE: UIX Current Signal -> (1) 12 Jan: Low stress (2) 12 Jan: Low stress (3) 12 Jan: Low stress

Rate of Change /
Negative ROC confirmation for Genesis Energy is a leading indicator for continued price fall

[BEARISH CROSSOVER]: Genesis Energy currently has negative rate of change of -2.8%. 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

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 2.1%.

Top companies for
New Zealand Stock Exchange
Advertisment
Limit order for a long position has been identified for Genesis Energy @$6.16
Fibonacci Extensions /
Limit order for a long position has been identified for Genesis Energy @$6.16

Genesis Energy has moved below the 161.8% level ($6.16) [Bullish]. Look for a long limit order entry near this point. Exit price for GNE should be set @$6.47 & Stoploss for Genesis Energy should be set at $5.85

Range for GNE has surpassed the range of the previous trading session
Price Range /
Range for GNE has surpassed the range of the previous trading session

[BULLISH]: Genesis Energy current uptrend in the first timeframe. Currently, the Range is $0.07.

Chaikin Money Flow /
CMF Crossover has positive divergence between price & vol

[BULLISH CROSSOVER]: Genesis Energy current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.39. During the quarter, the highest CMF value was 0.39

Camarilla Pivot Points /
Genesis Energy has broken the first Camarilla support point ($2.257) [Bearish]

Genesis Energy has broken the first Camarilla support point ($2.257) [Bearish]. Look for a short limit order entry near this point. Exit price for GNE should be set @$2.054 & short position stoploss for Genesis Energy should be set between $2.866 & $3.069

Momentum /
Negative momentum for GNE is a leading indicator for continued price falls

GNE: MOM Current Signal -> (1) 12 Jan: BEARISH (2) 12 Jan: BEARISH (3) 12 Jan: BEARISH

[Bearish]: Elders Force Index (-1685) confirms selling pressure remains
Elders Force Index /
[Bearish]: Elders Force Index (-1685) confirms selling pressure remains

[BEARISH]: Genesis Energy current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1685.

[Uptrend]: Recent trading for GNE confirms bullish EMA(5) signal
Exponential Moving Average /
[Uptrend]: Recent trading for GNE confirms bullish EMA(5) signal

[BULLISH]: Genesis Energy currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 2.1%.

Open Tod Vs Close Tod /
Open/close reversal: Buyers were in control of trading all day for Genesis Energy

[BULLISH STRONG]: Genesis Energy opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 100%. This suggests the buyers were in control all day. Over the last 12 months there has been 6 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 12.8%. Over the last month there has been 3 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 37.5%.

Bill Williams Market Facilitation /
Recent trading has confirmed a Fake Day for Genesis Energy

Genesis Energy Currently is a confirmed Fake Day. MFI indicator is up, volume is down for GNE. Trend continuation possible for GNE from reduced trading activity.

Aroon Oscillator /
Genesis Energy: Aroon oscillator (-64) has confirmed a strong downtrend is present

[BEARISH]: Genesis Energy has a current ARU(25) of 36 and a current ARD(25) of 100

Genesis Energy has failed to achieve a lower volume of 293925 (-11.9)
Volume /
Genesis Energy has failed to achieve a lower volume of 293925 (-11.9)

[BEARISH]: Genesis Energy current volume downtrend in the first timeframe. Volume for GNE is293925 (-11.9).

Daily trading has maintained an Uptrend medium trend for Genesis Energy
Medium Trend /
Daily trading has maintained an Uptrend medium trend for Genesis Energy

[BULLISH]: Genesis Energy is in an uptrend in the medium term timeframe. The current rally number is 3 & the highest rally count for the LTM is 19. The highest rally for the month is 8

[Weak Trend]: Average Directional Index (22.86) weak trend has been confirmed for GNE
Average Directional Movement /
[Weak Trend]: Average Directional Index (22.86) weak trend has been confirmed for GNE

[Weak Trend]: ADX for GNE has confirmed a weak trend is presentGenesis Energy has an ATR(14) of 0.044, a DX of 33.81 & an ADX(14) of 22.86

Accumulation / Distribution /
GNE: Current trading activity signals accumulation is confirmed

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

High Price /
Genesis Energy: Daily high price is $2.46 [Higher High]

[BULLISH]: Genesis Energy current uptrend in the first timeframe. Currently, the HIGH is 0.8 %.

Low Price /
[Bearish]: Lower low has formed for GNE by -0.4 % during the last trading session

[BULLISH]: Genesis Energy current downtrend in the first timeframe. Currently, the Low is $2.39 (-0.4 %).

Key Reversal /
A short term Key Reversal has formed with Genesis Energy

[BULLISH]: A short term Key Reversal has formed with Genesis Energy which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 1 occurrences of this bar reversal giving a signal probability of 2.1%.

Bullish trading conditions for Genesis Energy has been signalled from the DPO (0.0193)
Detrended Price Oscillator /
Bullish trading conditions for Genesis Energy has been signalled from the DPO (0.0193)

[BULLISH]: Genesis Energy currently has a confirmed uptrend. Price is currently above the displaced moving average for GNECurrently, the return on DPO20 is 2.1%.

Volume for Genesis Energy is now losing momentum @-19.1)
Percentage Volume /
Volume for Genesis Energy is now losing momentum @-19.1)

GNE: PVO Current Signal -> (1) 12 Jan: BEARISH CROSSOVER (2) 12 Jan: BULLISH CROSSOVER (3) 12 Jan: BEARISH

Long White Candle /
GNE Basic Candle: Long White

[BULLISH]: Genesis Energy has formed a Long White candlestick. This means, GNE has traded with strong buying pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

See More   See more results
Advertisment
Advertisment
back to top