. General Motors Technical Analysis and How To Trade General Motors

General Motors Technical Analysis

15 Jul 2022

GENERAL MOTORS Technical Analysis: Weekly Chart

General Motors Technical Analysis

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 30.22 & the resistance level is at 34.26.

GENERAL MOTORS will trade in 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 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 30.58 & the resistance level is at 32.40.

GENERAL MOTORS will trade in 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 31.56, TAKE PROFIT AT 30.58 AND STOP LOSS AT 32.40