Genuine Parts Co (GPC) Stock: What Does the Chart Say Monday?

The market has been high on Genuine Parts Co (GPC) stock recently. GPC gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Genuine Parts Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GPC!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With GPC Stock Today?

Genuine Parts Co (GPC) stock is trading at $137.71 as of 3:08 PM on Monday, Nov 20, an increase of $0.30, or 0.22% from the previous closing price of $137.41. Volume today is low. So far 358,170 shares have traded compared to average volume of 1,151,100 shares. The stock has traded between $136.00 and $137.80 so far today. To see InvestorsObserver's Sentiment Score for Genuine Parts Co click here.

More About Genuine Parts Co

Genuine Parts sells automotive parts (about two thirds of net sales) and industrial components. The company sells vehicle parts to commercial and retail customers through roughly 9,700 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and OEM clients. Click Here to get the full Stock Report for Genuine Parts Co stock.