GENTEX CORP (GNTX) Stock Technical Analysis
USA - NASDAQ:GNTX - US3719011096 - Common Stock
Overall GNTX gets a technical rating of 0 out of 10. GNTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
GNTX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
20.96
When analyzing the support we notice one important area.
- Support @21.17 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 25.44 to 25.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.69 to 26.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 28.32 to 28.43. 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 | DOWN | NEGATIVE | The long term trend for GNTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNTX is down. |
| ChartMill Relative Strength | 16.45 | NEGATIVE | GNTX has a low relative strength, it was outperformed by 83.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GNTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GNTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.86 | NEUTRAL | The RSI value for GNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GNTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.25 | OVERSOLD | The low Stochastics value suggests GNTX may be oversold. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for GNTX suggests some volalility. |
| Average Directional Index/ADX (14) | 44.75 | POSITIVE | The high ADX value value for GNTX suggests a strong trend. |
23.48
+0.42 (+1.82%)
GENTEX CORP / GNTX FAQ
Can you provide the ChartMill technical rating for GENTEX CORP?
ChartMill assigns a technical rating of 0 / 10 to GNTX.
What is the current trend direction of GENTEX CORP (GNTX) stock?
The current trend direction for GENTEX CORP (GNTX) is Bearish.
What is the RSI signal for GENTEX CORP (GNTX) stock?
GENTEX CORP (GNTX) has an RSI value of 33.8591. This indicates that the stock is currently neutral.
What is the MACD signal for GNTX stock?
The MACD indicator for GENTEX CORP (GNTX) has a value of -0.0620581, indicating a bearish trend.
What is the buy/sell signal for GENTEX CORP (GNTX) stock?
The buy/sell signal for GENTEX CORP (GNTX) is sell as both the short term and long term trends are negative.