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Shares of GPC Down 10.0% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Genuine Parts Co (NYSE:GPC) on April 18th, 2019 at $108.52. In approximately 4 weeks, Genuine Parts Co has returned 10.00% as of today's recent price of $97.66.

In the past 52 weeks, Genuine Parts Co share prices have been bracketed by a low of $89.87 and a high of $115.20 and are now at $97.66, 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has remained constant.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical and electronic materials. The Company conducts business throughout most of the United States, in Canada, and in Mexico.

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

Log in and add Genuine Parts Co (GPC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights genuine parts co

Ticker(s): GPC