Shares of generator company Generac (GNRC) have suffered a long decline the past year but now things are starting to show some improvement.
Let's check out the charts and indicators.
In the daily bar chart of GNRC, below, I can see that the shares have rallied to the underside of the declining 50-day moving average line. The 200-day moving average line is still in a decline and intersects around $200.
The daily On-Balance-Volume (OBV) line declined to a low in early December followed by some slight improvement. The Moving Average Convergence Divergence (MACD) oscillator has been improving from late October but is still below the zero line.