GENERAL DYNAMICS - Daily - Technical analysis published on 01/18/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
44%
28%
My opinion
Bullish above 239.01 USD
My targets
258.30 USD (+3.40%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GENERAL DYNAMICS. As long as you are above the support located at 239.01 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 258.30 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 239.01 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GENERAL DYNAMICS price is 249.80 USD. The price is lower by -0.07% since the last closing and was between 247.36 USD and 249.85 USD. This implies that the price is at +0.99% from its lowest and at -0.02% from its highest.247.36
249.85
249.80
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of GENERAL DYNAMICS indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 213.81 | 224.64 | 239.01 | 249.80 | 249.97 | 258.30 |
| Change (%) | -14.41% | -10.07% | -4.32% | - | +0.07% | +3.40% |
| Change | -35.99 | -25.16 | -10.79 | - | +0.17 | +8.50 |
| Level | Intermediate | Intermediate | Major | - | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 244.21 | 245.94 | 247.30 | 249.03 | 250.39 | 252.12 | 253.48 |
| Camarilla | 247.80 | 248.08 | 248.37 | 248.65 | 248.93 | 249.22 | 249.50 |
| Woodie | 244.02 | 245.85 | 247.11 | 248.94 | 250.20 | 252.03 | 253.29 |
| Fibonacci | 245.94 | 247.12 | 247.85 | 249.03 | 250.21 | 250.94 | 252.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 242.19 | 244.49 | 248.97 | 251.27 | 255.75 | 258.05 | 262.53 |
| Camarilla | 251.60 | 252.22 | 252.84 | 253.46 | 254.08 | 254.70 | 255.33 |
| Woodie | 243.29 | 245.04 | 250.07 | 251.82 | 256.85 | 258.60 | 263.63 |
| Fibonacci | 244.49 | 247.08 | 248.68 | 251.27 | 253.86 | 255.46 | 258.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 236.70 | 241.11 | 249.70 | 254.11 | 262.70 | 267.11 | 275.70 |
| Camarilla | 254.73 | 255.92 | 257.11 | 258.30 | 259.49 | 260.68 | 261.88 |
| Woodie | 238.80 | 242.16 | 251.80 | 255.16 | 264.80 | 268.16 | 277.80 |
| Fibonacci | 241.11 | 246.07 | 249.14 | 254.11 | 259.07 | 262.14 | 267.11 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.74 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | -6.25 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 252.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 255.15 | |
| Elder Ray (13): | -2.67 | |
| Super Trend (3,10): | 258.23 | |
| Zig ZAG (10): | 249.54 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 17.99 | |
| TEMA (21): | 249.98 | |
| Williams %R (14): | -78.79 | |
| Chande Momentum Oscillator (20): | -8.73 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 2.98 |
| MA7: | 249.92 | |
| MA20: | 252.60 | |
| MA50: | 249.05 | |
| MA100: | 237.89 | |
| MAexp7: | 250.33 | |
| MAexp20: | 251.30 | |
| MAexp50: | 247.80 | |
| MAexp100: | 240.78 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | -1.11% | |
| Price / MA50: | +0.30% | |
| Price / MA100: | +5.01% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -0.60% | |
| Price / MAexp50: | +0.81% | |
| Price / MAexp100: | +3.75% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on GENERAL DYNAMICS. At the time of publication of this analysis, the latest news was as follows:
- General Dynamics Announces Personnel Moves
- General Dynamics to Webcast 2023 Fourth-Quarter and Full-Year Financial Results Conference Call
- General Dynamics Mission Systems-Canada Awarded four Land C4ISR Contracts for the Canadian Army valued at up to CA$1.7 Billion
- General Dynamics Board Declares Dividend
- Gulfstream Completes World's First Trans-Atlantic Flight on 100% Sustainable Aviation Fuel
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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