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TMCNet:  Gentex Down 14.6% Since SmarTrend Downtrend Call (GNTX)

[January 18, 2013]

Gentex Down 14.6% Since SmarTrend Downtrend Call (GNTX)

Jan 18, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Gentex (NASDAQ:GNTX) on April 19th, 2012 at $22.75. In approximately 9 months, Gentex has returned 14.57% as of today's recent price of $19.43.

Over the past year, Gentex has traded in a range of $14.38 to $35.35 and is now at $19.42, 35% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.6%.

Gentex Corporation designs, manufactures, and markets products that use electro-optic technology. The Company's product lines include automatic-dimming rearview mirrors and fire protection products. Gentex's Night Vision Safety Mirror automatically darkens to the degree required to eliminate rearview headlight glare. The Company sells its products around the world.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Gentex.

Log in and add Gentex (GNTX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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