GENUINE PARTS CO (GPC) Stock Technical Analysis
USA - NYSE:GPC - US3724601055 - Common Stock
137.96 USD
+0.63 (+0.46%)
137.96 USD
0 (0%)
We assign a technical rating of 6 out of 10 to GPC. In the last year, GPC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
GPC is part of the Distributors industry. There are 22 other stocks in this industry. GPC outperforms 85% 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 135.23 - 143.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GPC has an average volume of 1268070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, GPC turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
GPC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
112.47
144.21
We found 6 important support areas.
- Support @137.32 from a horizontal line in the weekly time frame.
- A support zone ranging from 134.37 to 134.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @130.05 from a trend line in the daily time frame.
- Support @118.86 from a horizontal line in the daily time frame.
- Support @115.91 from a horizontal line in the daily time frame.
- Support @113.61 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 139.15 to 142.78. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for GPC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GPC is neutral. |
| ChartMill Relative Strength | 55.03 | NEUTRAL | GPC is not amongst the best or worst performers 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) | 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) | 50.45 | NEUTRAL | The RSI value for GPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests GPC has a negative trend. |
| Stochastics (14,3) | 30.34 | NEUTRAL | The Stochastics value for GPC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for GPC suggests low volalility. |
| Average Directional Index/ADX (14) | 31.4 | POSITIVE | The high ADX value value for GPC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 139.37 | 137.31 | 2.06 (1.48%) | 25.00% |
| An entry @139.37. This is a Buy Stop order right above the 10 day moving average. | An exit @137.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.06 points, which is 1.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
- The distance between exit and entry is rather small compared to the average daily movement of GPC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
137.96
+0.63 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg0.46%
1 Week-0.78%
2 Weeks-1.35%
1 Month-1.1%
3 Month14.51%
6 Month16.45%
12 Month-2.32%
2 Year-4.45%
3 Year-7.61%
5 Year44.96%
10 Year66.44%
15 Year209.4%
Volatility
ATR(14)2.95
ATR(20)%1.92%
ATR Inc8.27%
Range Today4.03
ADR(20)2.56
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.03
Mansfield-0.1
10 Day High143.1
10 Day Low136.67
20 Day High143.48
20 Day Low135.23
52 Week High144.29
52 Week Low104.01
CS1 End137.32
CR1 Start139.15
Volume & EV
DER(3)-0.93%
DER(5)-0.35%
Volume1.44M
Volume Incr22.67%
Vol(5)1.48M
Vol(50)1.27M