Taking everything into account, GNTX scores 1 out of 10 in our technical rating. GNTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
GNTX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.23. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GNTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.96
When analyzing the support we can see 2 important areas.
- Support @21.89 from a trend line in the daily time frame.
- 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 2 important resistance areas.
- A resistance zone ranging from 23.23 to 23.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.94 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 | NEUTRAL | NEUTRAL | The short term trend for GNTX is neutral. |
| ChartMill Relative Strength | 15.2 | NEGATIVE | GNTX has a low relative strength, it was outperformed by 84.8% 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) | 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) | 48.07 | NEUTRAL | The RSI value for GNTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests GNTX has a positive trend. |
| Stochastics (14,3) | 79.01 | NEUTRAL | The Stochastics value for GNTX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for GNTX suggests low volalility. |
| Average Directional Index/ADX (14) | 39.86 | POSITIVE | The high ADX value value for GNTX suggests a strong trend. |
23.22
+0.1 (+0.43%)
GENTEX CORP / GNTX FAQ
Can you provide the ChartMill technical rating for GENTEX CORP?
ChartMill assigns a technical rating of 1 / 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 48.0716. 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 0.213424, indicating a bearish trend.