Taking everything into account, GNTX scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, GNTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.84. Right above this resistance zone may be a good entry point.
More info and screens
20.96
We found 1 important support area.
- A support zone ranging from 21.17 to 21.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 22.84 to 22.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.83 from a trend line in the daily time frame.
- Resistance @28.04 from a trend line in the weekly 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 | 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 | 14.72 | NEGATIVE | GNTX has a low relative strength, it was outperformed by 85.28% 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) | 40.9 | NEUTRAL | The RSI value for GNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests GNTX has a positive trend. |
| Stochastics (14,3) | 54.22 | NEUTRAL | The Stochastics value for GNTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for GNTX suggests some volalility. |
| Average Directional Index/ADX (14) | 46.52 | POSITIVE | The high ADX value value for GNTX suggests a strong trend. |
22.83
+0.1 (+0.44%)
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 40.9037. 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 0.14608, 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.