GENERAL DYNAMICS CORP (GD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GD - US3695501086 - Common Stock
Overall GD gets a technical rating of 7 out of 10. In the last year, GD was one of the better performers, but we do observe some doubts in the very recent evolution.
GD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 341.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 339.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
246.85
3 important support areas can be observed.
- A support zone ranging from 330.59 to 339.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @321.33 from a horizontal line in the daily time frame.
- Support @249.34 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 341.13 to 353.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GD is neutral. |
| ChartMill Relative Strength | 81.39 | POSITIVE | GD has a high relative strength, it outperformed 81.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.14 | NEUTRAL | The RSI value for GD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests GD has a positive trend. |
| Stochastics (14,3) | 60.71 | NEUTRAL | The Stochastics value for GD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for GD suggests low volalility. |
| Average Directional Index/ADX (14) | 11.58 | NEGATIVE | The low ADX value for GD suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 344.95 | 332.89 | 12.06 (3.50%) | 25.00% |
| An entry @344.95. This is a Buy Stop order right above the 10 day high. | An exit @332.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 12.06 points, which is 3.50%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
340.69
+3.2 (+0.95%)
GENERAL DYNAMICS CORP / GD FAQ
What is the ChartMill technical rating of GENERAL DYNAMICS CORP (GD) stock?
ChartMill assigns a technical rating of 7 / 10 to GD.
Can you provide the trend direction for GENERAL DYNAMICS CORP?
The current trend direction for GENERAL DYNAMICS CORP (GD) is Bullish.
Can you provide the RSI signal for GENERAL DYNAMICS CORP?
GENERAL DYNAMICS CORP (GD) has an RSI value of 51.1414. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GENERAL DYNAMICS CORP?
The MACD indicator for GENERAL DYNAMICS CORP (GD) has a value of 0.125884, indicating a bearish trend.