GENESIS HEALTHCARE INC.

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Ticker:	GEN
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GENESIS HEALTHCARE INC. - 15 min. - Technical analysis published on 03/05/2021 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

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GENESIS HEALTHCARE INC. Chart

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

50%

44%

My opinion

Bearish under 0.564 USD

My targets

0.399 USD (-16.61%)

0.378 USD (-20.92%)

My analysis

GENESIS HEALTHCARE INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.564 USD. The next support located at 0.399 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.378 USD. Below this support, sellers could then target 0.254 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

4.6

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. price is 0.478 USD. The price registered a decrease of -4.78% on the session and was traded between 0.430 USD and 0.549 USD over the period. The price is currently at +11.16% from its lowest and -12.93% from its highest.

0.430

0.549

0.478

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GENESIS HEALTHCARE INC.:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 15 min. chart of GENESIS HEALTHCARE INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.420	0.478	0.483	0.641	0.692
Change (%)	-12.13%	-	+1.05%	+34.10%	+44.77%
Change	-0.058	-	+0.005	+0.163	+0.214
Level	Intermediate	-	Intermediate	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.058	0.254	0.378	0.574	0.698	0.894	1.018
Camarilla	0.414	0.443	0.473	0.502	0.531	0.561	0.590
Woodie	0.022	0.236	0.342	0.556	0.662	0.876	0.982
Fibonacci	0.254	0.376	0.452	0.574	0.696	0.772	0.894

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.399	0.564	0.679	0.844	0.959	1.124	1.239
Camarilla	0.716	0.742	0.767	0.793	0.819	0.844	0.870
Woodie	0.373	0.552	0.653	0.831	0.933	1.112	1.213
Fibonacci	0.564	0.671	0.737	0.844	0.951	1.017	1.124

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.056	0.358	0.576	0.878	1.095	1.397	1.615
Camarilla	0.650	0.698	0.745	0.793	0.841	0.888	0.936
Woodie	0.013	0.337	0.533	0.857	1.053	1.376	1.572
Fibonacci	0.358	0.557	0.679	0.878	1.076	1.199	1.397

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.78
MACD (12,26,9):	-0.0160
Directional Movement:	-1.295
AROON (14):	-42.857
DEMA (21):	0.455
Parabolic SAR (0,02-0,02-0,2):	0.516
Elder Ray (13):	-0.001
Super Trend (3,10):	0.450
Zig ZAG (10):	0.478
VORTEX (21):	1.0020
Stochastique (14,3,5):	33.20
TEMA (21):	0.469
Williams %R (14):	-48.40
Chande Momentum Oscillator (20):	0.008
Repulse (5,40,3):	3.9380
ROCnROLL:	-1
TRIX (15,9):	-0.5160
Courbe Coppock:	12.69

MA7:	0.723
MA20:	0.876
MA50:	0.732
MA100:	0.614
MAexp7:	0.469
MAexp20:	0.479
MAexp50:	0.534
MAexp100:	0.618
Price / MA7:	-33.89%
Price / MA20:	-45.43%
Price / MA50:	-34.70%
Price / MA100:	-22.15%
Price / MAexp7:	+1.92%
Price / MAexp20:	-0.21%
Price / MAexp50:	-10.49%
Price / MAexp100:	-22.65%

Quotes : 2021-03-04 20:59:59 - 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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