GENERAL MOTORS CO. - 1H - Technical analysis published on 09/10/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 49.80 USD
My targets
51.24 USD (+2.27%)
53.76 USD (+7.31%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GENERAL MOTORS CO. as long as the price remains well above 49.80 USD. The buyers' bullish objective is set at 51.24 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 53.76 USD. If there is any crossing, the next objective would be the resistance located at 55.85 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GENERAL MOTORS CO. price is 50.10 USD. The price registered an increase of +3.47% on the session and was between 48.69 USD and 50.10 USD. This implies that the price is at +2.90% from its lowest and at 0% from its highest.48.69
50.10
50.10
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GENERAL MOTORS CO. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 46.48 | 48.46 | 49.80 | 50.10 | 53.76 | 55.85 | 57.93 |
| Change (%) | -7.23% | -3.27% | -0.60% | - | +7.31% | +11.48% | +15.63% |
| Change | -3.62 | -1.64 | -0.30 | - | +3.66 | +5.75 | +7.83 |
| Level | Major | Major | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.68 | 47.24 | 47.83 | 48.39 | 48.98 | 49.54 | 50.13 |
| Camarilla | 48.10 | 48.21 | 48.32 | 48.42 | 48.53 | 48.63 | 48.74 |
| Woodie | 46.70 | 47.25 | 47.85 | 48.40 | 49.00 | 49.55 | 50.15 |
| Fibonacci | 47.24 | 47.68 | 47.95 | 48.39 | 48.83 | 49.10 | 49.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.65 | 47.53 | 48.18 | 49.06 | 49.71 | 50.59 | 51.24 |
| Camarilla | 48.40 | 48.54 | 48.68 | 48.82 | 48.96 | 49.10 | 49.24 |
| Woodie | 46.53 | 47.47 | 48.06 | 49.00 | 49.59 | 50.53 | 51.12 |
| Fibonacci | 47.53 | 48.12 | 48.48 | 49.06 | 49.65 | 50.01 | 50.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.99 | 40.03 | 44.52 | 51.56 | 56.05 | 63.09 | 67.58 |
| Camarilla | 45.84 | 46.90 | 47.95 | 49.01 | 50.07 | 51.12 | 52.18 |
| Woodie | 31.72 | 39.39 | 43.25 | 50.92 | 54.78 | 62.45 | 66.31 |
| Fibonacci | 40.03 | 44.43 | 47.16 | 51.56 | 55.96 | 58.69 | 63.09 |
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): | 65.14 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 18.00 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 49.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 47.93 | |
| Elder Ray (13): | 0.76 | |
| Super Trend (3,10): | 48.48 | |
| Zig ZAG (10): | 49.98 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 86.84 | |
| TEMA (21): | 49.40 | |
| Williams %R (14): | -0.66 | |
| Chande Momentum Oscillator (20): | 1.22 | |
| Repulse (5,40,3): | 1.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.88 |
| MA7: | 49.00 | |
| MA20: | 49.64 | |
| MA50: | 53.61 | |
| MA100: | 56.14 | |
| MAexp7: | 49.37 | |
| MAexp20: | 48.99 | |
| MAexp50: | 49.01 | |
| MAexp100: | 49.54 | |
| Price / MA7: | +2.24% | |
| Price / MA20: | +0.93% | |
| Price / MA50: | -6.55% | |
| Price / MA100: | -10.76% | |
| Price / MAexp7: | +1.48% | |
| Price / MAexp20: | +2.27% | |
| Price / MAexp50: | +2.22% | |
| Price / MAexp100: | +1.13% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on GENERAL MOTORS CO. at the time of the analysis were as follows:
- Investor Network: Genpact Limited to Host Earnings Call
- Investor Network: General Motors Company to Host Earnings Call
- Big November Gains at Chevrolet, Buick, GMC and Cadillac Keep GM the Fastest Growing Automaker
-
General Motors
-
Chinese Billionaire Makes Closed GM Plant Great Again With 3K Jobs
This member declared not having a position on this financial instrument or a related financial instrument.
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