. GENERAL MOTORS Technical Analysis And How To Trade GENERAL MOTORS

GENERAL MOTORS Technical Analysis and How To Trade GENERAL MOTORS

GENERAL MOTORS Technical Analysis and How To Trade GENERAL MOTORS

28 Jun 2022

GENERAL MOTORS Technical Analysis: Weekly Chart

In the weekly charts, GENERAL MOTORS is trading in down channel. GENERAL MOTORS is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 30.75 & the resistance level is at 37.24.

GENERAL MOTORS will trade in the down channel until there is trend reversal.

GENERAL MOTORS Technical Analysis: Daily Chart

In the daily charts, GENERAL MOTORS is trading in down channel. GENERAL MOTORS is currently trading above 20 days SMA & below 50 and 100 days SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 33.50 & the resistance level is at 35.10.

GENERAL MOTORS will trade in down channel until there is trend reversal.   

How to Trade GENERAL MOTORS this Week:

GENERAL MOTORS will follow the down trend until their trend reversal. So, remain bearish on GENERAL MOTORS.

TRADE SUGGESTION- SELL AT 34.61, TAKE PROFIT AT 33.50 AND STOP LOSS AT 35.10