In its most recent trading session, Genuine Parts Company (NYSE:GPC) dropped by -1.4% – here is what that looked like (as of 2020-01-06):
Why are these moves happning?? To grasp this action better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.039, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.808, an Accumulation/Distribution Index (ADI) of 0.808, an On-Balance Volume (OBV) of 2781.881, and a Chaiikin Money Flow (CMF) of 105.81. 10.524
So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:
So there you have it – our analysis of Genuine Parts Company (NYSE:GPC). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.