GENERAC HOLDINGS INC (GNRC) Technical Analysis
NYSE:GNRC • US3687361044
Current stock price
GNRC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to GNRC. Both in the recent history as in the last year, GNRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GNRC is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, GNRC also shows a nice and consistent pattern of rising prices.
- GNRC is one of the better performing stocks in the Electrical Equipment industry, it outperforms 78% of 92 stocks in the same industry.
- A new 52 week high is currently being made by GNRC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month GNRC has a been trading in the 188.10 - 261.85 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GNRC Weekly and Daily overview Charts
GNRC Setup Rating and Analysis
Although GNRC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GNRC Support and Resistance Analysis
152.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 208.80 to 208.87. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @204.33 from a trend line in the daily time frame.
- Support @154.08 from a trend line in the weekly time frame.
GNRC Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for GNRC is up. |
| ChartMill Relative Strength | 95.1 | POSITIVE | GNRC has a high relative strength, it outperformed 95.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GNRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.76 | OVERBOUGHT | The high RSI value suggests GNRC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.4 | POSITIVE | The MACD value suggests GNRC has a positive trend. |
| Stochastics (14,3) | 96.62 | OVERBOUGHT | The high Stochastics value suggests GNRC may be overbought. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for GNRC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.74 | NEUTRAL | The ADX value for GNRC suggests a possible start of a new trend. |
GNRC Chart- and CandleStick Pattern Analysis
GNRC Technicals: Chart, Performance Metrics, Trend & Indicators
259.34
+0.11 (+0.04%)
GENERAC HOLDINGS INC / GNRC TA FAQ
What is the ChartMill technical rating of GENERAC HOLDINGS INC (GNRC) stock?
ChartMill assigns a technical rating of 10 / 10 to GNRC.
Can you provide the trend direction for GENERAC HOLDINGS INC?
The current trend direction for GENERAC HOLDINGS INC (GNRC) is Bullish.
What is the RSI signal for GNRC stock?
GENERAC HOLDINGS INC (GNRC) has an RSI value of 76.7576. This indicates that the stock is currently overbought.
Can you provide the MACD signal for GENERAC HOLDINGS INC?
The MACD indicator for GENERAC HOLDINGS INC (GNRC) has a value of 5.39842, indicating a bullish trend.
What is the short term momentum for GNRC stock?
The short term momentum for GENERAC HOLDINGS INC (GNRC) is positive.