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Gentex Corp Bullish Moving Average Crossover Alert (GNTX)

By David Diaz

Today, shares of Gentex Corp (NASDAQ:GNTX) have crossed bullishly above their 10-day moving average of $23.42 on a volume of 186K 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.

In the past 52 weeks, Gentex Corp share prices have been bracketed by a low of $14.66 and a high of $25.41 and are now at $23.64, 61% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.

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

Keywords: moving crosses gentex corp

Ticker(s): GNTX