Technical Analysis for GNFT - GENFIT S.A.

Grade Last Price % Change Price Change
C 4.00 10.80% 0.39
GNFT closed up 10.8 percent on Monday, July 1, 2024, on 23 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish 10.80%
Wide Bands Range Expansion 10.80%
Gapped Down Weakness 10.80%
Oversold Stochastic Weakness 10.80%
Wide Bands Range Expansion 3.63%
Gapped Up Strength 3.63%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 5 hours ago
Rose Above 10 DMA about 5 hours ago
Up 10% about 5 hours ago
Up 1 ATR about 5 hours ago
Gapped Up (Full) about 11 hours ago

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Profile

GENFIT S.A. Description

GENFIT is a biopharmaceutical company focused on discovering and developing drug candidates and diagnostic solutions targeting liver diseases, in particular those of metabolic origin, and hepatobiliary diseases. GENFIT concentrates its R&D efforts in areas of high unmet medical needs corresponding to a lack of approved treatments. GENFIT’s lead proprietary compound, elafibranor, is a drug candidate currently being evaluated in one of the most advanced Phase 3 studies worldwide (RESOLVE-IT) in nonalcoholic steatohepatitis, or NASH, considered by regulatory authorities as a medical emergency because it is silent, with potentially severe consequences, and with a prevalence on the rise. Elafibranor has also obtained positive preliminary results in a Phase 2 clinical trial in primary biliary cholangitis, or PBC, a severe chronic liver disease. As part of its comprehensive approach to clinical management of NASH patients, GENFIT is conducting an ambitious discovery and development program aimed at providing patients and physicians with a blood-based test for the diagnosis of NASH, i.e. non-invasive and easy-to-access. With facilities in Lille and Paris, France, and Cambridge, MA (USA), the Company has approximately 150 employees.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Biopharmaceutical Alcohol Autoimmune Disease Hepatitis Steatohepatitis Non Alcoholic Fatty Liver Disease Liver Disease Hepatology Liver Diagnostic Solutions Primary Biliary Cholangitis Chronic Liver Disease Clinical Management

Is GNFT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 6.05
52 Week Low 2.8935
Average Volume 27,917
200-Day Moving Average 3.67
50-Day Moving Average 4.17
20-Day Moving Average 4.51
10-Day Moving Average 3.91
Average True Range 0.29
RSI (14) 45.05
ADX 29.98
+DI 23.97
-DI 31.27
Chandelier Exit (Long, 3 ATRs) 5.18
Chandelier Exit (Short, 3 ATRs) 4.48
Upper Bollinger Bands 5.89
Lower Bollinger Band 3.14
Percent B (%b) 0.31
BandWidth 60.93
MACD Line -0.19
MACD Signal Line -0.07
MACD Histogram -0.112
Fundamentals Value
Market Cap 199.34 Million
Num Shares 49.8 Million
EPS -0.84
Price-to-Earnings (P/E) Ratio -4.76
Price-to-Sales 6.39
Price-to-Book 2.28
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.24
Resistance 3 (R3) 4.22 4.12 4.20
Resistance 2 (R2) 4.12 4.06 4.13 4.19
Resistance 1 (R1) 4.06 4.02 4.09 4.08 4.17
Pivot Point 3.96 3.96 3.98 3.97 3.96
Support 1 (S1) 3.90 3.90 3.93 3.92 3.83
Support 2 (S2) 3.80 3.86 3.81 3.81
Support 3 (S3) 3.74 3.80 3.80
Support 4 (S4) 3.76