GENUINE PARTS CO (GPC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GPC - US3724601055 - Common Stock
Taking everything into account, GPC scores 2 out of 10 in our technical rating. GPC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
GPC 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.
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112.47
2 important support areas can be observed.
- A support zone ranging from 122.23 to 124.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 113.61 to 113.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 129.09 to 132.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @138.39 from a trend line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for GPC is neutral. |
| ChartMill Relative Strength | 41.91 | NEUTRAL | GPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GPC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPC is below a declining 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) | 50.28 | NEUTRAL | The RSI value for GPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests GPC has a positive trend. |
| Stochastics (14,3) | 54.81 | NEUTRAL | The Stochastics value for GPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for GPC suggests low volalility. |
| Average Directional Index/ADX (14) | 14.29 | NEGATIVE | The low ADX value for GPC suggests a weak or negative trend. |
128.56
+3.53 (+2.82%)
GENUINE PARTS CO / GPC FAQ
What is the ChartMill technical rating of GENUINE PARTS CO (GPC) stock?
ChartMill assigns a technical rating of 2 / 10 to GPC.
What is the trend direction for GPC stock?
The current trend direction for GENUINE PARTS CO (GPC) is Bearish.
What is the RSI signal for GPC stock?
GENUINE PARTS CO (GPC) has an RSI value of 50.2799. This indicates that the stock is currently neutral.
What are the support and resistance levels for GENUINE PARTS CO (GPC) stock?
GENUINE PARTS CO (GPC) has a support level at 124.23 and a resistance level at 129.09. Check the full technical report for our detailed analysis of GPC support and resistance levels.