Gentex Corp (GNTX): Price Now Near $31.78; Daily Chart Shows Downtrend on 100 Day Basis

The Hourly View for GNTX

Currently, GNTX (Get Ratings)’s price is down $-0.15 (-0.47%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 50 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.

GNTX ranks 26th in terms of today’s price percentage change out of Automobiles and Trucks stocks.

GNTX’s Technical Outlook on the Daily Chart

Currently, GNTX’s price is up $0.18 (0.57%) from the day prior. GNTX has seen its price go up 9 out of the past 10 days, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. Gentex Corp’s price action over the past 90 days can be seen via the chart below.

GNTX

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GNTX: Daily RSI Analysis

  • For GNTX, its RSI is now at 100.
  • GNTX and RSI both have consistent trends, as they are both heading up.

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