GENERAC HOLDINGS INC (GNRC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GNRC - US3687361044 - Common Stock
We assign a technical rating of 4 out of 10 to GNRC. In the past year, GNRC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 78% of all other stocks performed better in the past year than GNRC.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month GNRC has a been trading in the 134.80 - 163.53 range, which is quite wide. It is currently trading near the high of this range.
- GNRC has an average volume of 1037880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GNRC is an average performer in the Electrical Equipment industry, it outperforms 42% of 91 stocks in the same industry.
- 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 it also does not offer a high quality setup 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
When analyzing the support we can see 3 important areas.
- A support zone ranging from 151.07 to 155.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 136.99 to 142.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @111.88 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @167.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 183.73 to 186.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GNRC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GNRC is up. |
| ChartMill Relative Strength | 22.1 | NEGATIVE | GNRC has a low relative strength, it was outperformed by 77.9% 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) | 61.5 | NEUTRAL | The RSI value for GNRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.69 | POSITIVE | The MACD value suggests GNRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.94 | OVERBOUGHT | The high Stochastics value suggests GNRC may be overbought. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for GNRC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for GNRC suggests a possible start of a new trend. |
160.85
-0.58 (-0.36%)
GENERAC HOLDINGS INC / GNRC FAQ
What is the ChartMill technical rating of GENERAC HOLDINGS INC (GNRC) stock?
ChartMill assigns a technical rating of 4 / 10 to GNRC.
Can you provide the trend direction for GENERAC HOLDINGS INC?
The current trend direction for GENERAC HOLDINGS INC (GNRC) is Bearish.
Can you provide the RSI signal for GENERAC HOLDINGS INC?
GENERAC HOLDINGS INC (GNRC) has an RSI value of 61.4958. This indicates that the stock is currently neutral.
What is the short term momentum for GNRC stock?
The short term momentum for GENERAC HOLDINGS INC (GNRC) is positive.