GENERAC HOLDINGS INC (GNRC) Stock Technical Analysis
NYSE:GNRC - US3687361044 - Common Stock
194.64 USD
+4.09 (+2.15%)
194.64 USD
0 (0%)
Taking everything into account, GNRC scores 9 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
GNRC is part of the Electrical Equipment industry. There are 93 other stocks in this industry. GNRC outperforms 73% of them.
GNRC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GNRC is lagging the market slightly.
GNRC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GNRC has an average volume of 1099410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GNRC did better than 90% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
GNRC has an excellent technical rating, but the quality of the setup is only medium 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
204.89
When analyzing the support we can see 5 important areas.
- A support zone ranging from 189.64 to 191.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @178.99 from a trend line in the daily time frame.
- Support @145.18 from a trend line in the daily time frame.
- Support @117.26 from a trend line in the weekly time frame.
- Support @111.88 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @202.86 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 | UP | POSITIVE | The short term trend for GNRC is up. |
| ChartMill Relative Strength | 90.2 | POSITIVE | GNRC has a high relative strength, it outperformed 90.2% 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) | 64.04 | NEUTRAL | The RSI value for GNRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.13 | NEGATIVE | The MACD value suggests GNRC has a negative trend. |
| Stochastics (14,3) | 27.76 | NEUTRAL | The Stochastics value for GNRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for GNRC suggests some volalility. |
| Average Directional Index/ADX (14) | 53.75 | POSITIVE | The high ADX value value for GNRC suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 196.82 | 189.63 | 7.19 (3.65%) | 25.00% |
| An entry @196.82. This is a Buy Stop order right above the 10 day moving average. | An exit @189.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.19 points, which is 3.65%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GNRC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
194.64
+4.09 (+2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.15%
1 Week-2.09%
2 Weeks-0.82%
1 Month24.01%
3 Month57.54%
6 Month41%
12 Month24.09%
2 Year63.82%
3 Year-11.69%
5 Year2.45%
10 Year529.5%
15 Year1505.94%
Volatility
ATR(14)5.15
ATR(20)%3.68%
ATR Inc-10.07%
Range Today5.19
ADR(20)6.89
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.2
Mansfield1.83
10 Day High203.25
10 Day Low187.51
20 Day High203.25
20 Day Low150.67
52 Week High203.25
52 Week Low99.5
CS1 End191.08
CR1 Start202.86
Volume & EV
DER(3)-1.92%
DER(5)-1.45%
Volume872.60K
Volume Incr-32.21%
Vol(5)891.02K
Vol(50)1.10M