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Uptrend SupportArchive - 2/14/2025 - 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 first positive week for the General Motors (GM). During the week, the GM gained 0.98 points, or 2.07%, and closed at 48.37 on Friday, February 14, 2025. Weekly volume was -38% below average.
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 price is near the trend support (48.21) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 46.26 on February 11, 2025. GM lost 14.98 points, or 24.46%, in 11 weeks. The price is now at the 14.09% retracement level.
Weekly Technical Indicators: [See GM weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. 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 near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See GM short-term trend chart] A short-term downtrend had started on January 27, 2025 at 55.06 and reached 46.26 on February 11, 2025. GM lost 8.80 points, or 15.98%, in 15 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See GM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. The daily MACD line is below its signal line since January 28, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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