• Return to Headlines

Genuine Parts Co Set to Possibly Rebound After Yesterday's Selloff of 2.05%

By James Quinn

Genuine Parts Co (NYSE:GPC) traded in a range yesterday that spanned from a low of $62.54 to a high of $66.32. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $66.31 on volume of 474,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Genuine Parts Co and will alert subscribers who have GPC in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Genuine Parts Co have traded between a low of $60.90 and a high of $115.20 and are now at $64.99, which is 7% above that low price. The 200-day and 50-day moving averages have moved 0.42% lower and 2.07% lower over the past week, respectively.

Keywords: rebounders genuine parts co

Ticker(s): GPC