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Gentex Corp Crosses Above its 10-day MA (GNTX)

By Nick Russo

Gentex Corp (NASDAQ:GNTX) crossed over its 10-day moving average of $23.23 on a volume of 196K 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.

Gentex Corp share prices have moved between a 52-week high of $25.41 and a 52-week low of $14.66 and are now trading 60% above that low price at $23.39 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.4%.

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

Keywords: moving crosses gentex corp

Ticker(s): GNTX