GENTEX CORP (GNTX) Technical Analysis
NASDAQ:GNTX • US3719011096
Current stock price
GNTX Technical Rating and Analysis
Taking everything into account, GNTX scores 1 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, GNTX is a bad performer in the overall market: 61% of all stocks are doing better.
- GNTX is one of the lesser performing stocks in the Automobile Components industry. 60% of 42 stocks in the same industry do better.
- GNTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month GNTX has a been trading in the 20.98 - 23.03 range, which is quite wide. It is currently trading near the high of this range.
- GNTX has an average volume of 1941250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GNTX Weekly and Daily overview Charts
GNTX Setup Rating and Analysis
GNTX has a poor technical rating and the quality of the setup is also not perfect 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
GNTX Support and Resistance Analysis
20.49
We found 3 important support areas.
- A support zone ranging from 21.87 to 22.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.17 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.70 to 20.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 22.89 to 23.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.68 to 24.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.31 from a trend line in the weekly time frame.
GNTX Technical Indicator Signal Analysis
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 | 39.23 | NEUTRAL | GNTX is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of GNTX is above 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) | 59.8 | 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) | 74.5 | NEUTRAL | The Stochastics value for GNTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for GNTX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.61 | NEUTRAL | The ADX value for GNTX suggests a possible start of a new trend. |
GNTX Chart- and CandleStick Pattern Analysis
GNTX Technicals: Chart, Performance Metrics, Trend & Indicators
22.73
+0.1 (+0.44%)
GENTEX CORP / GNTX TA FAQ
Can you provide the ChartMill technical rating for GENTEX CORP?
ChartMill assigns a technical rating of 1 / 10 to GNTX.
What is the trend direction for GNTX stock?
The current trend direction for GENTEX CORP (GNTX) is Bearish.
Can you provide the RSI signal for GENTEX CORP?
GENTEX CORP (GNTX) has an RSI value of 59.7954. This indicates that the stock is currently neutral.
What is the MACD signal for GENTEX CORP (GNTX) stock?
The MACD indicator for GENTEX CORP (GNTX) has a value of 0.152537, indicating a bearish trend.
What is the short term momentum for GNTX stock?
The short term momentum for GENTEX CORP (GNTX) is neutral.