|
|
Downtrend Broken Resist.Archive
- 10/30/2026 -
Sign In to see current Signals. |
General Motors (GM) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :  
Move cursor over the icon to see details.
| | It was a first positive week for the General Motors (GM). During the week, the GM gained 11.48 points, or 15.12%, and closed at 87.40 on Friday, October 30, 2026. Weekly volume was 25% above average.
 Long-term trend: [See GM long-term trend chart]
A long-term uptrend had started on May 19, 2026 at 70.43 and reached 91.85 on July 29, 2026. GM gained -21.42 points, or -30.41%, in 10 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 84.85 and resistance is at 106.51. 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 July 29, 2026 at 91.85 and reached 74.59 on October 23, 2026. GM lost 17.26 points, or 18.79%, in 12 weeks. The price is now at the 74.22% retracement level.
 Weekly Technical Indicators: [See GM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since September 18, 2026. This is an indication that the medium-term trend is down. 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 October 16, 2026 at 85.79 and reached 74.59 on October 23, 2026. GM lost 11.20 points, or 13.06%, in 7 days. The price is now at the 114.38% retracement level.
 Daily Technical Indicators: [See GM daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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.
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.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|