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Downtrend Broken Resist.Archive - 1/23/2026 - 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 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.
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