NYSE:GNRC - New York Stock Exchange, Inc. - US3687361044 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GNRC. GNRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GNRC does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 122.87, a Stop Loss order could be placed below this zone.
109.15
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The long term trend for GNRC is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GNRC is neutral. |
ChartMill Relative Strength | 25.22 | NEGATIVE | GNRC has a low relative strength, it was outperformed by 74.78% 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) | DOWN | MIXED | The current price of GNRC is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GNRC is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.45 | NEUTRAL | The RSI value for GNRC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests GNRC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 63.64 | NEUTRAL | The Stochastics value for GNRC is a neutral value. |
Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for GNRC suggests some volalility. |
Average Directional Index/ADX (14) | 24.7 | NEUTRAL | The ADX value for GNRC suggests a possible start of a new trend. |
123.87
+1 (+0.81%)