General Motors Technical Analysis (NYSE:GM)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the General Motors stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the GM stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for General Motors. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of General Motors stock analysis.
General Motors Moving Average
Moving averages help predict the price direction of GM stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $41.82 is below the price of $43.95.
General Motors Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like General Motors. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of General Motors bollinger bands.
General Motors Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The General Motors MACD indicator is above 0 indicating a bullish trend.
General Motors Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 81.56 is the RSI value of GM stock.