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S&P 500 Overbought StocksArchive - 5/10/2024 - Sign In to see current Signals. |
General Dynamics (GD) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the General Dynamics (GD). During the week, the GD gained 8.30 points, or 2.88%, and closed at 296.44 on Friday, May 10, 2024. Weekly volume was -21% below average. GD is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See GD long-term trend chart] A long-term uptrend had started on May 30, 2023 at 202.35 and reached 297.88 on May 10, 2024. GD gained -95.53 points, or -47.21%, in 49 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 279.81 and resistance is at 305.64. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend. Medium-term trend: [See GD medium-term trend chart] A medium-term uptrend had started on October 6, 2023 at 214.53 and reached 297.88 on May 10, 2024. GD gained -83.35 points, or -38.85%, in 31 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 288.62 and resistance is at 309.73. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend. Weekly Technical Indicators: [See GD weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since July 7, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help. Short-term trend: [See GD short-term trend chart] A short-term uptrend had started on April 24, 2024 at 274.32 and reached 297.88 on May 10, 2024. GD gained -23.56 points, or -8.59%, in 16 days. The price is now at the 6.11% retracement level. Daily Technical Indicators: [See GD daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Industrials |
8 |
Industry |
Aerospace & Defense |
81 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
274.32 |
Low Date |
04/24/2024 |
High |
297.88 |
High Date |
05/10/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
274.32 |
Low Date |
04/24/2024 |
High |
297.88 |
High Date |
05/10/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Valid |
Resistance |
309.73 |
Support |
288.62 |
Low |
214.53 |
Low Date |
10/06/2023 |
High |
297.88 |
High Date |
05/10/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Valid |
Resistance |
305.64 |
Support |
279.81 |
Low |
202.35 |
Low Date |
05/30/2023 |
High |
297.88 |
High Date |
05/10/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
100.55 |
Low Date |
03/23/2020 |
High |
297.88 |
High Date |
05/10/2024 |
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