Tuesday, November 1, 2011

Generac Holdings -- GNRC-- Barchart Chart of the Day

Barchart.com's Chart of the Day - Generac Holdings (GNRC)
Related Stocks
GNRC - Generac Holdings Inc.
Sym Last Chg Pct
GNRC 22.86 +0.76 +3.44%
The "Chart of the Day" is Generac Holdings (GNRC), which showed up on Monday's Barchart "All Time High" list. Generac on Monday posted a new all-time high of $23.44 and closed up 3.44%. TrendSpotter has been Long since Oct 6 at $20.90. Generac has been boosted in the past several days by another big storm and power outages in the northeastern U.S. Generac on Sep 26 reaffirmed guidance for double-digit full-year growth for its commercial and industrial products. The company also said on Sep 26 that it expects to see elevated demand for our home standby generators in the fourth quarter and into 2012. Generac Holdings, with a market cap of $1.5 billion, is a manufacturer of backup power generation products serving residential, light commercial and industrial markets.

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How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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