GM technical analysis

Use General Motors Company technical analysis concurrently with your other holdings, portfolios, and investing themes to enhance returns of your portfolios and to back test it against optimization strategy that fits your risk preferences.  Analyze Themes

Use this graph to draw trend lines for General Motors Company. You can use it to identify possible trend reversals for GM as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual GM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

GM Best Fit Change Line

The following chart estimates an ordinary least squares regression model for General Motors Company applied against its price change over selected period. The best fit line has a slop of 0.14 % which suggests that General Motors Company will keep on generating value for investors. It has 42 observation points and regression sum of squers of 30.46 which is sum of squared deviations of the predicted GM price change against its avarage change. GM has a best fit line with a correlation coefficient of 0.85. and coefficient of determination of 0.73. Note, that about 61.0% of the company shares are held by company insiders.