Genuine Parts Co Stock Technical Analysis

Genuine Parts Analyst Consensus

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Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Genuine Parts technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Genuine Parts trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Genuine Parts Technical Analysis

Genuine Parts Trend Analysis

Use this graph to draw trend lines for Genuine Parts Co. You can use it to identify possible trend reversals for Genuine Parts as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Genuine Parts price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Genuine Parts Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Genuine Parts Co applied against its price change over selected period. The best fit line has a slop of   0.22  , which may imply that Genuine Parts Co will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1898.3, which is the sum of squared deviations for the predicted Genuine Parts price change compared to its average price change.

Most technical analysis of Genuine help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Genuine from various momentum indicators to cycle indicators. When you analyze Genuine charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Genuine stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuine Parts Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

When running Genuine Parts' price analysis, check to measure Genuine Parts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genuine Parts is operating at the current time. Most of Genuine Parts' value examination focuses on studying past and present price action to predict the probability of Genuine Parts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genuine Parts' price. Additionally, you may evaluate how the addition of Genuine Parts to your portfolios can decrease your overall portfolio volatility.

Is Genuine Parts' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genuine Parts. If investors know Genuine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genuine Parts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.