GENERAC HOLDINGS INC (GNRC) Stock Technical Analysis
USA - NYSE:GNRC - US3687361044 - Common Stock
165.67 USD
-4.32 (-2.54%)
165.67 USD
0 (0%)
Overall GNRC gets a technical rating of 4 out of 10. GNRC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
GNRC is one of the lesser performing stocks in the Electrical Equipment industry. 63% of 92 stocks in the same industry do better.
GNRC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
GNRC has an average volume of 1091640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, GNRC turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
GNRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GNRC is lagging the market.
GNRC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
110.76
189.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 164.25 to 165.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @158.53 from a trend line in the daily time frame.
- Support @111.88 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 166.37 to 168.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @180.20 from a trend line in the daily time frame.
- Resistance @187.87 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GNRC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNRC is down. |
| ChartMill Relative Strength | 56.61 | NEUTRAL | GNRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GNRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GNRC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GNRC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.32 | NEUTRAL | The RSI value for GNRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests GNRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.25 | NEUTRAL | The Stochastics value for GNRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for GNRC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for GNRC suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
165.67
-4.32 (-2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.54%
1 Week-1.55%
2 Weeks-9.11%
1 Month-8.62%
3 Month8.73%
6 Month48.1%
12 Month3.43%
2 Year97.06%
3 Year42.93%
5 Year-21.17%
10 Year424.94%
15 Year1124.46%
Volatility
ATR(14)5.97
ATR(20)%3.47%
ATR Inc-16.94%
Range Today6.31
ADR(20)5.59
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.61
Mansfield-0.32
10 Day High187.82
10 Day Low161.68
20 Day High192.72
20 Day Low161.68
52 Week High203.25
52 Week Low99.5
CS1 End165.66
CR1 Start166.37
Volume & EV
DER(3)0.1%
DER(5)0.28%
Volume841.70K
Volume Incr-29.32%
Vol(5)731.32K
Vol(50)1.09M