GENESIS HEALTHCARE INC.

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Type:	Stocks
Ticker:	GEN
ISIN:

GENESIS HEALTHCARE INC. - Daily - Technical analysis published on 01/25/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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GENESIS HEALTHCARE INC. Chart

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 0.623 USD

My targets

0.692 USD (+1.91%)

0.833 USD (+22.68%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GENESIS HEALTHCARE INC. as long as the price remains well above 0.623 USD. The buyers” bullish objective is set at 0.692 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.833 USD. If there is any crossing, the next objective would be the resistance located at 0.922 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by 3ba0550.

Additional analysis

Quotes

The GENESIS HEALTHCARE INC. rating is 0.679 USD. On the day, this instrument lost -5.83% and was traded between 0.650 USD and 0.717 USD over the period. The price is currently at +4.46% from its lowest and -5.30% from its highest.

0.650

0.717

0.679

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of GENESIS HEALTHCARE INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.420	0.483	0.592	0.679	0.692	0.922	1.020
Change (%)	-38.14%	-28.87%	-12.81%	-	+1.91%	+35.79%	+50.22%
Change	-0.259	-0.196	-0.087	-	+0.013	+0.243	+0.341
Level	Intermediate	Major	Major	-	Major	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.646	0.671	0.696	0.721	0.746	0.770	0.796
Camarilla	0.708	0.712	0.717	0.721	0.726	0.731	0.735
Woodie	0.647	0.671	0.697	0.721	0.746	0.771	0.796
Fibonacci	0.671	0.690	0.702	0.721	0.740	0.751	0.770

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.590	0.626	0.674	0.709	0.757	0.793	0.841
Camarilla	0.698	0.706	0.714	0.721	0.729	0.737	0.744
Woodie	0.596	0.629	0.680	0.712	0.763	0.796	0.847
Fibonacci	0.626	0.658	0.677	0.709	0.741	0.761	0.793

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.203	0.342	0.413	0.552	0.623	0.761	0.833
Camarilla	0.427	0.446	0.466	0.485	0.504	0.523	0.542
Woodie	0.170	0.325	0.380	0.535	0.590	0.745	0.800
Fibonacci	0.342	0.422	0.471	0.552	0.632	0.681	0.761

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	59.95
MACD (12,26,9):	0.0490
Directional Movement:	21.087
AROON (14):	57.143
DEMA (21):	0.706
Parabolic SAR (0,02-0,02-0,2):	0.602
Elder Ray (13):	0.011
Super Trend (3,10):	0.590
Zig ZAG (10):	0.700
VORTEX (21):	1.0760
Stochastique (14,3,5):	61.74
TEMA (21):	0.735
Williams %R (14):	-41.48
Chande Momentum Oscillator (20):	0.158
Repulse (5,40,3):	2.8510
ROCnROLL:	1
TRIX (15,9):	1.1170
Courbe Coppock:	66.93

MA7:	0.713
MA20:	0.623
MA50:	0.559
MA100:	0.551
MAexp7:	0.701
MAexp20:	0.645
MAexp50:	0.591
MAexp100:	0.603
Price / MA7:	-4.77%
Price / MA20:	+8.99%
Price / MA50:	+21.47%
Price / MA100:	+23.23%
Price / MAexp7:	-3.14%
Price / MAexp20:	+5.27%
Price / MAexp50:	+14.89%
Price / MAexp100:	+12.60%

Quotes : 2021-01-25 16:26:26 - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on GENESIS HEALTHCARE INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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