Genie Energy's 15min chart signals bearish trend with MACD Death Cross, Bearish Marubozu.

The 15-minute chart for Genie Energy has recently exhibited a MACD Death Cross and a Bearish Marubozu at 05/29/2025 13:30. This suggests that the stock price has the potential to continue declining, as sellers are currently in control of the market. Furthermore, the bearish momentum is likely to persist, indicating a negative trend for the company's shares.

The 15-minute chart for Genesis Energy LP (GEL) has recently exhibited a MACD Death Cross and a Bearish Marubozu at 05/29/2025 13:30, signaling a potential continuation of the stock's decline. The MACD Death Cross, where the 12-day and 26-day moving averages cross below each other, and the Bearish Marubozu candle, which indicates strong selling pressure, suggest that sellers are currently in control of the market [1].

The MACD Death Cross is a strong indication of a potential trend reversal, while the Bearish Marubozu candle confirms the presence of strong bearish momentum. This combination suggests that the stock price may continue to decline, signaling a negative trend for GEL's shares. Traders should be cautious and closely monitor the stock's movement, as further sell signals may be issued.

On Wednesday, May 28, 2025, GEL's stock price fell by -2.87% from $16.75 to $16.27. During the last trading day, the stock fluctuated 5.87% from a day low at $15.86 to a day high of $16.79. The price has risen in 6 of the last 10 days and is up by 6.55% over the past 2 weeks. However, the recent MACD Death Cross and Bearish Marubozu signal a potential shift in the stock's trend [1].

GEL's stock lies in the middle of a very wide and strong rising trend in the short term. However, the recent signals suggest that the stock may experience a correction or a trend reversal. Traders should be prepared for potential volatility and closely monitor the stock's movement. The stock is expected to rise 10.17% during the next 3 months, with a 90% probability of holding a price between $14.76 and $18.94 at the end of this period [1].

Investors should approach GEL with caution due to the recent negative signals. While the stock has shown positive trends in the past, the current indicators suggest that a trend reversal may be imminent. Traders should closely monitor the stock's movement and consider setting stop-loss orders to manage risk.

References:
[1] https://stockinvest.us/stock/GEL