GENERAL MOTORS CO (GM) Stock Technical Analysis
NYSE:GM - New York Stock Exchange, Inc. - US37045V1008 - Common Stock
Overall GM gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, GM did better than 84% of all other stocks. We also observe that the gains produced by GM over the past year are nicely spread over this period.
GM is one of the better performing stocks in the Automobiles industry, it outperforms 95% of 42 stocks in the same industry.
GM has an average volume of 10832000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GM is lagging the market.
In the last month GM has a been trading in the 49.02 - 54.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
46.25
53.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 51.49 to 52.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.84 to 50.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.72 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.92
Mansfield0.2
10 Day High54.06
10 Day Low49.02
20 Day High54.86
20 Day Low49.02
52 Week High61.24
52 Week Low34.93
Performance
1 Week3.57%
2 Weeks-1.44%
1 Month4.81%
3 Month1.33%
6 Month19.58%
12 Month49.97%
2 Year34.18%
3 Year0.06%
5 Year58.01%
10 Year61.74%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)51.86
LBB49.38
UBB54.16
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 |
|---|---|---|---|
| 54.07 | 51.48 | 2.59 (4.79%) | 20.88% |
| An entry @54.07. This is a Buy Stop order right above the 10 day high. | An exit @51.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.59 points, which is 4.79%. | When investing 20.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
GENERAL MOTORS CO
NYSE:GM (1/22/2025, 5:46:54 PM)
After market: 52.8963 +0.14 (+0.26%)52.76
-1.13 (-2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-2.1%
1 Week3.57%
2 Weeks-1.44%
1 Month4.81%
3 Month1.33%
6 Month19.58%
12 Month49.97%
2 Year34.18%
3 Year0.06%
5 Year58.01%
10 Year61.74%
15 YearN/A
Volatility
ATR(14)1.71
ATR(20)%3.04%
ATR Inc45.6%
Range Today1.02
ADR(20)1.47
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.92
Mansfield0.2
10 Day High54.06
10 Day Low49.02
20 Day High54.86
20 Day Low49.02
52 Week High61.24
52 Week Low34.93
CS1 End52.24
CR1 StartN/A
Volume & EV
DER(3)0.46%
DER(5)-1.47%
Volume7.78M
Volume Incr-4.96%
Vol(5)8.77M
Vol(50)10.83M