The deep research logic is organized as follows:
Okay, let's tackle this question about whether GNW will sell at $6.78 first thing in the morning. The user is an active trader interested in short-term opportunities, so I need to focus on technical indicators and recent market data.
First, I'll check the closing price from the references. The GNW Closing Price on 2025-06-05 is $6.78 . The after-hours trading price is $7.01 , which is higher than the closing price. That suggests some buying pressure after the market closed.
Looking at the technical indicators, the MACD is -0.05, KDJ is 44.4, RSI is 32.26, and Bollinger Bands are at 7.01 . The RSI is below 30, indicating potential oversold conditions. The MACD is slightly negative, but the KDJ is around 44, which isn't extreme. The Bollinger Bands show the price near the upper band, which might mean some resistance.
The moving averages are MA5 at $6.98, MA10 at $6.93, and MA20 at $7.01 . The price closed below all these averages, which could mean downward pressure. However, the after-hours price is above the MA20, suggesting a possible breakout.
Resistance levels are at $6.94 and support at $6.72 . The price closed at $6.78, just above the support. The Fibonacci retracement levels from the past year are $6.52 (0.382) and $7.12 (0.618) . The current price is above the 0.382 level but below the 0.618, which might act as resistance.
The market context from the stock news on 2025-06-05 shows the S&P 500 ended nearly flat, with utilities and energy sectors underperforming . The NASDAQ was up slightly. The user is interested in short-term trading, so the overall market sentiment might influence GNW's opening price.
Considering the after-hours activity and the technical setup, there's a possibility of a gap up due to the after-hours price being higher. However, the price might face resistance around $6.94. The user is looking for entry and exit points, so suggesting a range between $6.78 and $6.94 makes sense. Also, the stop loss could be set below the support at $6.72.
I need to structure this into a clear analysis, starting with the conclusion, then breaking down the technicals, market context, and final recommendation. Make sure to cite all the references properly and include the visualization for the closing price.
Conclusion 🎯
Based on the technical setup, recent price action, and market context, GNW is likely to open near $6.78 but with potential for immediate volatility. Here's the breakdown:
📊 Technical Analysis
| Metric |
Data (2025-06-05) |
Implication |
| Closing Price |
$6.78 |
Price settled near the 52-week low ($6.72) 1. |
| After-Hours Price |
$7.01 |
Post-market activity shows buying pressure (+3.39% from close). |
| Resistance Levels |
$6.94 (immediate), $7.12 (Fibonacci 0.618) |
Price may face resistance at $6.94. |
| Support Levels |
$6.72 |
Strong support at $6.72; break below could trigger further downside. |
| Moving Averages |
MA5: $6.98, MA10: $6.93, MA20: $7.01 |
Price closed below all averages, suggesting short-term bearish bias. |
| RSI |
32.26 (oversold) |
Potential for short-term bounce if RSI moves above 30. |
| MACD |
-0.05 (bearish) |
Confirming weak momentum in the short term. |
🌍 Market Context
- Overall Market: U.S. stocks ended mixed on 2025-06-05, with the S&P 500 flat and the NASDAQ up 0.3% .
- Sector Performance: Financials (-0.6%), Utilities (-1.8%) .
- Recent News: GNW announced a new Chief Information Officer 2, but earnings remain under pressure (Q1 2025 net income: $54M vs. $139M YoY 34).
🎯 Key Takeaways
- Opening Price Range: Likely between $6.78–$6.94.
- Bullish Scenario: If post-market buying continues, GNW could gap up to $6.94.
- Bearish Scenario: If resistance at $6.94 fails, price may drop back to $6.72.
- Stop Loss: Set below $6.72 to protect against a breakdown.
- Entry Point: Wait for confirmation above $6.94 before taking a long position.
📉 Final Call
GNW is likely to open near $6.78 but with high volatility. The $6.72–$6.94 range is critical for short-term traders. If you’re looking for a bullish setup, wait for a breakout above $6.94. If bearish, consider shorting with a stop loss at $6.72.
6/5/2025 10:22pm
