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Archive - 4/17/2025 - Sign In to see current Signals. |
General Motors (GM) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the General Motors (GM). During the week, the GM gained 0.94 points, or 2.15%, and closed at 44.57 on Thursday, April 17, 2025. GM was trading at average weekly trading volume. GM is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold 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 GM long-term trend chart] A long-term uptrend had started on November 10, 2023 at 26.30 and reached 61.24 on November 25, 2024. GM gained -34.94 points, or -132.85%, in 54 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (51.20) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See GM medium-term trend chart] A medium-term downtrend had started on March 26, 2025 at 53.29 and reached 41.60 on April 7, 2025. GM lost 11.69 points, or 21.94%, in 1 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 44.23 and resistance is at 44.75. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See GM weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 below its signal line since December 13, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See GM short-term trend chart] A short-term uptrend had started on April 7, 2025 at 41.60 and reached 46.30 on April 9, 2025. GM gained -4.70 points, or -11.30%, in 2 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 44.23 and resistance is at 45.44. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See GM daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 27, 2025. The distance between MACD and the signal line is low and getting smaller. 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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