Stock Market: GENERAL MOTOR Price Chart, Analysis And Trading Signals

Stock Market: GENERAL MOTOR Price Chart, Analysis And Trading Signals

stock technical analysis

GENERAL MOTORS Technical Analysis: Weekly Chart

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

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 37.14 & the resistance level is at 43.23.

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 a down channel. GENERAL MOTORS is currently trading above 20 and 50 days SMA & below 100 days SMA.

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

Its immediate support is 38.55 & the resistance level is at 43.25.

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 41.14, TAKE PROFIT AT 38.55 AND STOP LOSS AT 43.25

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