GM Technical Analysis

GM -- USA Stock  

Quarterly Earning Report: October 30, 2019  

As of 14 of October GM retains Market Risk Adjusted Performance of (0.09) and Risk Adjusted Performance of (0.06). GM technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for General Motors which can be compared to its competitors. Please check out General Motors Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if GM is priced fairly providing market reflects its last-minute price of 35.5 per share. Given that General Motors Company has Jensen Alpha of (0.08), we strongly advise you confirm General Motors regular market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
General Motors Company current and past analyst recommendations published by number of research institutions as well as average analyst consensus
GM Analyst Advice  
Horizon     30 Days    Login   to change

General Motors Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of General Motors volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

General Motors Trend Analysis

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   0.07  which may indicate that the price for General Motors Company will continue to decline. It has 122 observation points and a regression sum of squares at 199.72, which is the sum of squared deviations for the predicted GM price change compared to its average price change.

GM October 14, 2019 Technical Indicators

GM October 14, 2019 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.