GENUINE PARTS CO (GPC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GPC - US3724601055 - Common Stock
Taking everything into account, GPC scores 7 out of 10 in our technical rating. In the past year, GPC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, GPC did better than 72% of all other stocks.
- GPC is part of the Distributors industry. There are 22 other stocks in this industry. GPC outperforms 90% of them.
- GPC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GPC is lagging the market slightly.
- In the last month GPC has a been trading in the 121.40 - 138.10 range, which is quite wide. It is currently trading near the high of this range.
- GPC has an average volume of 1077240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although GPC has an excellent technical rating, it does not present a decent entry opportunity 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
112.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 128.61 to 130.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 122.23 to 125.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 141.29 to 143.26. 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 | NEUTRAL | NEUTRAL | The long term trend for GPC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPC is up. |
| ChartMill Relative Strength | 72.78 | POSITIVE | GPC has a high relative strength, it outperformed 72.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GPC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.13 | NEUTRAL | The RSI value for GPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests GPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.87 | OVERBOUGHT | The high Stochastics value suggests GPC may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for GPC suggests low volalility. |
| Average Directional Index/ADX (14) | 23.97 | NEUTRAL | The ADX value for GPC suggests a possible start of a new trend. |
137.63
+0.79 (+0.58%)
GENUINE PARTS CO / GPC FAQ
What is the ChartMill technical rating of GENUINE PARTS CO (GPC) stock?
ChartMill assigns a technical rating of 7 / 10 to GPC.
What is the current trend direction of GENUINE PARTS CO (GPC) stock?
The current trend direction for GENUINE PARTS CO (GPC) is Bearish.
Can you provide the RSI signal for GENUINE PARTS CO?
GENUINE PARTS CO (GPC) has an RSI value of 65.1349. This indicates that the stock is currently neutral.
What is the MACD signal for GPC stock?
The MACD indicator for GENUINE PARTS CO (GPC) has a value of 1.15855, indicating a bullish trend.