The Greedy Trader Weekly Analysis
Sign In Jan 30, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 1/23/2026 -
Sign In to see current Signals.

General Motors (GM) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought
Daily :
Move cursor over the icon to see details.

It was the negative week for the General Motors (GM). During the week, the GM dropped -1.14 points, or -1.41%, and closed at 79.68 on Friday, January 23, 2026. Weekly volume was -20% below average.

GM is a member of Consumer Discretionary Sector. Consumer Discretionary 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 GM long-term trend chart]
A long-term uptrend had started on November 10, 2023 at 26.30 and reached 85.18 on January 8, 2026. GM gained -58.88 points, or -223.88%, in 112 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 52.04 and resistance is at 95.35. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See GM medium-term trend chart]
A medium-term downtrend had started on January 8, 2026 at 85.18 and reached 77.35 on January 20, 2026. GM lost 7.83 points, or 9.19%, in 1 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 75.53 and resistance is at 81.89. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See GM weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 16, 2025. Use the following link to access a MACD help.

Short-term trend: [See GM short-term trend chart]
A short-term downtrend had started on January 22, 2026 at 82.28 and reached 79.23 on January 23, 2026. GM lost 3.05 points, or 3.71%, in 1 days. The price is now at the 14.75% retracement level.

Daily Technical Indicators: [See GM daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since December 26, 2025. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.66
Williams' Percentage Range (W%R) 57.60
Lane's Stochastic (%D-Slow) 30.60
Greed/Fear Indicator (GFI) 39.89
Moving Average Converg./Diverg. (MACD) 1.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 81.49
Overbought
Williams' Percentage Range (W%R) 14.60
Overbought
Lane's Stochastic (%D-Slow) 87.13
Overbought
Greed/Fear Indicator (GFI) 77.22
Moving Average Converg./Diverg. (MACD) 6.44
Trading Signals
Description Value Chart
Yearly Trendline Resistance 95.35
Upper Bollinger Band 83.94
Weekly Stochastic Crossing 83.11
Parabolic System 82.88
Monthly Trendline Resistance 81.89
20 Day Moving Average 81.87
Price 79.68
Daily Stochastic Crossing 79.65
50 Day Moving Average 77.95
Lower Bollinger Band 77.85
Monthly Trendline Support 75.53
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 8
Industry Automobile Manufacturers 94
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 82.28
High Date 01/22/2026
Low 79.23
Low Date 01/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 82.28
High Date 01/22/2026
Low 79.23
Low Date 01/23/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 81.89
Support 75.53
High 85.18
High Date 01/08/2026
Low 77.35
Low Date 01/20/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 41.60
Low Date 04/07/2025
High 85.18
High Date 01/08/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 95.35
Support 52.04
Low 26.30
Low Date 11/10/2023
High 85.18
High Date 01/08/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.