GOODYEAR TIRE & RUBBER CO (GT) Stock Technical Analysis
NASDAQ:GT - Nasdaq - US3825501014 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to GT. GT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
75% of all other stocks performed better in the past year than GT.
GT is one of the lesser performing stocks in the Automobile Components industry. 69% of 83 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GT has a been trading in the 8.09 - 10.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GT has an average volume of 5260860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.94
10.86
4 important support areas can be observed.
- A support zone ranging from 9.10 to 9.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.65 from a horizontal line in the daily time frame.
- A support zone ranging from 8.19 to 8.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.73 to 10.75. This zone is formed by a combination of multiple trend lines 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
CRS25.19
Mansfield-1.09
10 Day High10.75
10 Day Low8.09
20 Day High10.75
20 Day Low8.09
52 Week High13.86
52 Week Low7.27
Performance
1 Week22.15%
2 Weeks14.98%
1 Month7.43%
3 Month2.78%
6 Month12.26%
12 Month-18.33%
2 Year-12.15%
3 Year-35.57%
5 Year3.05%
10 Year-62.66%
15 Year-23.17%
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)0.22
RSI(14)60.74
LBB7.28
UBB10.87
9.98
-0.57 (-5.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-5.4%
1 Week22.15%
2 Weeks14.98%
1 Month7.43%
3 Month2.78%
6 Month12.26%
12 Month-18.33%
2 Year-12.15%
3 Year-35.57%
5 Year3.05%
10 Year-62.66%
15 Year-23.17%
Volatility
ATR(14)0.5
ATR(20)%4.39%
ATR Inc28.59%
Range Today0.85
ADR(20)0.39
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.19
Mansfield-1.09
10 Day High10.75
10 Day Low8.09
20 Day High10.75
20 Day Low8.09
52 Week High13.86
52 Week Low7.27
CS1 End9.27
CR1 Start10.73
Volume & EV
DER(3)1.71%
DER(5)3.57%
Volume5.59M
Volume Incr122.45%
Vol(5)10.72M
Vol(50)5.26M