Taking everything into account, GNTX scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GNTX was also a bad performer in the overall market in the last year.
Although the technical rating is bad, GNTX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.38, a Stop Loss order could be placed below this zone.
20.96
When analyzing the support we can see 4 important areas.
We can see 3 important resistance 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 GNTX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GNTX is neutral. |
| ChartMill Relative Strength | 19.42 | NEGATIVE | GNTX has a low relative strength, it was outperformed by 80.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GNTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.54 | NEUTRAL | The RSI value for GNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GNTX has a negative trend. |
| Stochastics (14,3) | 38.5 | NEUTRAL | The Stochastics value for GNTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for GNTX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.15 | NEUTRAL | The ADX value for GNTX suggests a possible start of a new trend. |
23.93
-0.07 (-0.29%)
ChartMill assigns a technical rating of 2 / 10 to GNTX.
The current trend direction for GENTEX CORP (GNTX) is Bearish.
GENTEX CORP (GNTX) has an RSI value of 51.5432. This indicates that the stock is currently neutral.
The short term momentum for GENTEX CORP (GNTX) is neutral.