Gentex saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 61 to 71.
Can You Really Time The Stock Market?
This unique rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves. See if Gentex can continue to rebound and clear that threshold.
Gentex is not currently near a potential buy zone. See if the stock goes on to form a base that could spark a new run.
In terms of top and bottom line numbers, Gentex has posted two quarters of rising earnings growth. Top line growth has also increased during the same period.
Gentex earns the No. 6 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Visteon and Adient are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
