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Uptrend SupportArchive - 4/25/2025 - Sign In to see current Signals. |
General Motors (GM) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the General Motors (GM). During the week, the GM gained 2.54 points, or 5.70%, and closed at 47.11 on Friday, April 25, 2025. It was the best weekly gain since January 24, 2025. Weekly volume was -39% below average. GM is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See GM long-term trend chart] A long-term uptrend had started on November 10, 2023 at 26.30 and reached 61.24 on November 25, 2024. GM gained -34.94 points, or -132.85%, in 54 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (51.55) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See GM medium-term trend chart] A medium-term downtrend had started on November 25, 2024 at 61.24 and reached 41.60 on April 7, 2025. GM lost 19.64 points, or 32.07%, in 19 weeks. The price is now at the 28.05% retracement level.
Weekly Technical Indicators: [See GM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 13, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See GM short-term trend chart] A short-term uptrend had started on April 7, 2025 at 41.60 and reached 47.56 on April 25, 2025. GM gained -5.96 points, or -14.33%, in 18 days. The price is now at the 7.55% retracement level.
Daily Technical Indicators: [See GM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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