GENCON NEWS why is Generic Eng Cons Proj Ltd price falling or rising

GENCON NEWS reasons for why stock price of Generic Eng Cons Proj Ltd is falling or rising

GENCON Generic Eng is falling or rising technical reasons

Technical analysis forecast for Generic Eng Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Generic Eng GENCON at this time. Stock is falling and might fall more.

It appears as if Generic Eng GENCON gave a large move recently.

Stock of Generic Eng (GENCON) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Generic Eng is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.4 as stoploss in an intra day buy trade for a target of 42.89. However, stock will show a bearish move below 40.4.

GENCON Generic Eng is falling or rising NEWS fundamental reasons

Company Announcement Generic Engineering Construction and Projects Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-16

Company Announcement - NEWS as on 2024-04-01

Company Announcement Generic Engineering Construction and Projects Limited has informed the Exchange regarding Outcome of Board Meeting held on February 14, 2024. - NEWS as on 2024-02-16

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2023 - NEWS as on 2024-02-09

Company Announcement Generic Engineering Construction and Projects Limited has informed the Exchange about Copy of Newspaper Publication of the financial result for the Quarter and half year ended September 30, 2023 - NEWS as on 2023-12-04

Company Announcement Generic Engineering Construction and Projects Limited has informed the Exchange regarding Board meeting held on November 30, 2023. - NEWS as on 2023-12-01

Board Meeting to discuss Financial Results To consider and approve the financial results for the quarter and half year ended September 30, 2023 - NEWS as on 2023-11-28

More announcements and NEWS

GENCON Generic Eng Cons Proj Ltd current price & indicator signals

Moving Averages for Generic Eng Cons Proj Ltd

  • 5Day Average: 42.31
  • 12Day Average: 43.38
  • 20Day Average: 41.7
  • 50Day Average: 46.73
  • 100Day Average: 51.62
  • 150Day Average: 53.93
  • 200Day Average: 52.66

GENCON Indicators & signals

Indicator MACD (12,26,9)

42.6, 43.39, -1.06
Indicator MACD is in negative zone

Indicator ADX (14)

4.07, 22.26, 24.15
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GENCON Generic Eng Cons Proj Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 41.60 40.20 to 42.30 0.12% 0.23 times
18 Thu Apr 2024 41.55 41.45 to 42.55 0.24% 0.4 times
16 Tue Apr 2024 41.45 40.65 to 43.40 -2.81% 0.83 times
15 Mon Apr 2024 42.65 41.20 to 43.95 -3.72% 0.25 times
12 Fri Apr 2024 44.30 43.65 to 45.80 -1.01% 0.73 times
10 Wed Apr 2024 44.75 44.00 to 44.95 -0.33% 0.4 times
09 Tue Apr 2024 44.90 44.50 to 47.25 -2.6% 0.39 times
08 Mon Apr 2024 46.10 45.00 to 50.80 -0.75% 4.25 times
05 Fri Apr 2024 46.45 41.90 to 46.85 9.04% 1.77 times
04 Thu Apr 2024 42.60 41.85 to 43.60 0.12% 0.4 times
03 Wed Apr 2024 42.55 42.15 to 43.60 2.28% 0.58 times
02 Tue Apr 2024 41.60 40.00 to 41.60 4.92% 0.42 times

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