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Generac Holdings Crosses Below its 10-day MA (GNRC)

By Shiri Gupta

Generac Holdings (NYSE:GNRC) shares have crossed bearishly below their 10-day moving average of $56.29 on a volume of 314K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Generac Holdings have traded between a low of $32.34 and a high of $60.70 and are now at $56.08, which is 73% above that low price. The 200-day and 50-day moving averages have moved 0.21% higher and 0.42% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Generac Holdings and will alert subscribers who have GNRC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses generac holdings

Ticker(s): GNRC