Technical Analysis - Generac Holdings (GNRC) has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is favored by traders as it reflects a shorter price history and helps smooth out fluctuations, providing more trend reversal signals compared to longer-term averages [2] Performance Metrics - GNRC has experienced a 24% increase over the last four weeks, suggesting potential for further gains [4] - The company currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [4] Earnings Estimates - There have been six upward revisions in earnings estimates for the current fiscal year, with no downward revisions, leading to a positive consensus estimate [4] - The combination of positive technical factors and earnings estimate revisions may attract investor interest for potential gains in the near future [5]
Generac Holdings (GNRC) Just Reclaimed the 20-Day Moving Average