. GENERAL MOTORS Technical Analysis, Forecast and Trade Signals

GENERAL MOTORS Technical Analysis, Forecast and Trade Signals

10 Jun 2022

GENERAL MOTORS Technical Analysis: Weekly Chart

GENERAL MOTORS Technical Analysis

In the weekly charts, GENERAL MOTORS is trading in a 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 34.29 & the resistance level is at 39.59.

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

GENERAL MOTORS Technical Analysis: Daily Chart

GENERAL MOTORS Technical Analysis

In the daily charts, GENERAL MOTORS is trading in a 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 34.29 & the resistance level is at 38.41.

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

How to Trade GENERAL MOTORS this Week:

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

TRADE SUGGESTION- SELL AT 36.62, TAKE PROFIT AT 34.29 AND STOP LOSS AT 38.41