Generac Holdings Inc (GNRC): Price Now Near $327.73; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for GNRC

At the time of this writing, GNRC (Get Ratings)’s price is down $-1.86 (-0.56%) from the hour prior. GNRC has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

GNRC’s Technical Outlook on the Daily Chart

Currently, GNRC’s price is down $-5.53 (-1.66%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Generac Holdings Inc’s price action over the past 90 days can be seen via the chart below.

GNRC

For GNRC News Traders

Investors and traders in GNRC may be particularly interested in the following story that came out in the past day:

What Makes Generac Holdings (GNRC) a Strong Momentum Stock: Buy Now?

Does Generac Holdings (GNRC) have what it takes to be a top stock pick for momentum investors? Let’s find out.

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