Move cursor over the icon to see details.
|It was a first positive week for the Genuine Parts (GPC). During the week, the GPC gained 3.59 points, or 3.70%, and closed at 100.61 on Friday, November 09, 2018. Weekly volume was 58% above average. |
GPC is a member of Services Sector. Services is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See GPC long-term trend chart]
A long-term downtrend had started on December 29, 2014 at 109.00 and reached 76.50 on January 15, 2016. GPC lost 32.50 points, or 29.82%, in 54 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (101.35). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See GPC medium-term trend chart]
A medium-term uptrend had started on April 2, 2018 at 85.80 and reached 102.76 on October 19, 2018. GPC gained -16.96 points, or -19.77%, in 28 weeks. The price is now at the 12.68% retracement level.
Weekly Technical Indicators: [See GPC weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since October 5, 2018. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See GPC short-term trend chart]
A short-term downtrend had started on October 19, 2018 at 102.76 and reached 96.41 on November 2, 2018. GPC lost 6.35 points, or 6.18%, in 14 days. The price is now at the 66.14% retracement level.
Daily Technical Indicators: [See GPC daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.