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Bullish Moving Average Cross by Genuine Parts Co (GPC)

By Amy Schwartz

Genuine Parts Co (NYSE:GPC) crossed over its 10-day moving average of $97.60 on a volume of 216K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Genuine Parts Co share prices have moved between a 52-week high of $115.20 and a 52-week low of $87.26 and are now trading 13% above that low price at $98.24 per share. The 200-day and 50-day moving averages have moved 0.08% lower and 0.73% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Genuine Parts Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Genuine Parts Co in search of a potential trend change.

Keywords: moving crosses genuine parts co

Ticker(s): GPC