GENUINE PARTS CO (GPC) Technical Analysis
NYSE:GPC • US3724601055
Current stock price
GPC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GPC. GPC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GPC is a bad performer in the overall market: 81% of all stocks are doing better.
- GPC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GPC is lagging the market.
- In the last month GPC has a been trading in the 103.42 - 137.38 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- GPC has an average volume of 1490860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GPC is an average performer in the Distributors industry, it outperforms 61% of 22 stocks in the same industry.
GPC Weekly and Daily overview Charts
GPC Setup Rating and Analysis
The technical rating of GPC is bad and it also does not present a quality setup 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
GPC Support and Resistance Analysis
102.97
We can see 3 important resistance areas.
- A resistance zone ranging from 119.26 to 119.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 127.47 to 128.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @147.62 from a trend line in the weekly time frame.
GPC 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 GPC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPC is down. |
| ChartMill Relative Strength | 19.31 | NEGATIVE | GPC has a low relative strength, it was outperformed by 80.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GPC is below 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) | DOWN | NEGATIVE | The current price of GPC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.44 | OVERSOLD | The low RSI value suggests GPC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests GPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.28 | OVERSOLD | The low Stochastics value suggests GPC may be oversold. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for GPC suggests some volalility. |
| Average Directional Index/ADX (14) | 39.72 | POSITIVE | The high ADX value value for GPC suggests a strong trend. |
GPC Chart- and CandleStick Pattern Analysis
GPC Technicals: Chart, Performance Metrics, Trend & Indicators
104.01
-1.73 (-1.64%)
GENUINE PARTS CO / GPC TA FAQ
What is the ChartMill technical rating of GENUINE PARTS CO (GPC) stock?
ChartMill assigns a technical rating of 0 / 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 22.4445. This indicates that the stock is currently oversold.
What is the MACD signal for GPC stock?
The MACD indicator for GENUINE PARTS CO (GPC) has a value of -0.950562, indicating a bearish trend.
What is the buy/sell signal for GENUINE PARTS CO (GPC) stock?
The buy/sell signal for GENUINE PARTS CO (GPC) is sell as both the short term and long term trends are negative.