General Dynamics Technical Analysis (NYSE:GD)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. When a chart pattern that can predict future General Dynamics stock price movements is formed, the GD stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for General Dynamics. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking General Dynamics stock analysis using these technical indicators helps identify trading opportunities.
General Dynamics Moving Average:
GD stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of General Dynamics chart patterns after the calculations remain the same. The 100 day moving average of 179.05 is below the last closing price of 188.29. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer GD stock price movement for the moving average to change course.
General Dynamics Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of General Dynamics stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of General Dynamics bollinger bands.
General Dynamics Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The General Dynamics MACD line is below the signal line.
General Dynamics Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of GD stock is 45.18. .