Free GenusPlus Group Ltd. (GNP) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
06 May / Daily
Category/Currency
Stocks/USD
Exchange/Country
XASX/Australia

GenusPlus Group Ltd. (GNP) signal with technical analysis on 06 May

On 06 May, we conducted a comprehensive technical analysis of GenusPlus Group Ltd. (GNP), considering 256 signals with intricate details. Here are the key findings: 144 signals suggested buy strategies, while 15 indicated sell strategies. The remaining 97 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 33
Sell Signals: 6
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 38
Sell Signals: 1
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 39
Sell Signals: 2
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 34
Sell Signals: 6
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 144
Sell Signals: 15
Neutral Signals: 97
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your GenusPlus Group Ltd. (GNP) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for GenusPlus Group Ltd. (GNP) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

GenusPlus Group Ltd. (GNP) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

GenusPlus Group Ltd. (GNP) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **GenusPlus Group Ltd. (GNP)** holdings.

GenusPlus Group Ltd. (GNP) Price Analysis and Resistance Levels:

Given our current long position in GenusPlus Group Ltd. (GNP), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (3.08): The primary hurdle is the 3.08 price level. If the prevailing trend remains unchanged, GenusPlus Group Ltd. (GNP) could break above this level, indicating its strength and potential for further growth.

It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading GenusPlus Group Ltd. (GNP), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

GenusPlus Group Ltd. (GNP) technical analysis chart

GenusPlus Group Ltd. (GNP) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 3.08 -- -- -- --
Support 2.76 2.35 2.32 1.01 --
 GenusPlus Group Ltd. (GNP) Support and Resistance area (06 May)  GenusPlus Group Ltd. (GNP) Support and Resistance area (06 May)

GenusPlus Group Ltd. (GNP) signals list for 06 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

GenusPlus Group Ltd. (GNP) candlestick patterns on 06 May

Today's GenusPlus Group Ltd. (GNP) Candle Patterns List:

GenusPlus Group Ltd. (GNP) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 May Hold HoldHoldHoldHold
2 02 May Hold HoldHoldHoldHold
3 01 May Buy HoldHoldHoldBuy
4 30 Apr Hold HoldHoldHoldNeutral
5 29 Apr Buy HoldHoldBuyNeutral
6 28 Apr Hold HoldHoldNeutralNeutral
7 24 Apr Buy BuyBuyNeutralNeutral
8 23 Apr Hold NeutralNeutralHoldHold
9 22 Apr Sell SellSellHoldHold
10 17 Apr Hold NeutralNeutralHoldHold
11 16 Apr Buy BuySellHoldHold
12 15 Apr Hold NeutralNeutralHoldHold
13 14 Apr Buy BuyHoldHoldHold
14 11 Apr Hold NeutralHoldHoldHold
15 10 Apr Hold HoldHoldHoldHold
16 09 Apr Hold HoldHoldHoldHold
17 08 Apr Hold HoldHoldHoldHold
18 07 Apr Hold HoldHoldHoldHold
19 04 Apr Hold HoldHoldHoldHold
20 03 Apr Sell HoldHoldSellSell
21 02 Apr Sell HoldSellNeutralNeutral
22 01 Apr Buy HoldNeutralNeutralBuy
23 31 Mar Hold HoldNeutralHoldNeutral
24 28 Mar Sell SellHoldHoldHold
25 27 Mar Hold NeutralHoldHoldHold
26 26 Mar Hold HoldHoldHoldHold
27 25 Mar Hold HoldHoldHoldHold
28 24 Mar Hold HoldHoldHoldHold
29 21 Mar Buy HoldHoldHoldBuy
30 20 Mar Buy HoldHoldBuyNeutral

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