SmarTrend identified a Downtrend for Gentex (NASDAQ:GNTX) on April 19th, 2012 at $22.75. In approximately 8 months, Gentex has returned 18.53% as of today's recent price of $18.53.

In the past 52 weeks, Gentex share prices have been bracketed by a low of $14.38 and a high of $35.35 and are now at $18.53, 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.4%.

Gentex Corporation designs, manufactures, and markets products that use electro-optic technology. The Company's product lines include automatic-dimming rearview mirrors and fire protection products. Gentex's Night Vision Safety Mirror automatically darkens to the degree required to eliminate rearview headlight glare. The Company sells its products around the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Gentex.

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