GM Technical Analysis

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GM -- USA Stock  

Report: 29th of July 2020  

As of the 9th of July, GM retains the risk adjusted performance of 0.2653, market risk adjusted performance of 0.3474, and downside deviation of 3.5. GM technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for 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 the potential upside and skewness to decide if GM is priced fairly, providing market reflects its last-minute price of 23.42 per share. Given that General Motors has jensen alpha of 0.2965, we strongly advise you to confirm General Motors's regular market performance to make sure the company can sustain itself at a future point.

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Target PriceAdvice# of Analysts
35.7Buy10Odds
General Motors current and past analyst recommendations published by a number of research institutions as well as average analyst consensus. Most GM analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand GM stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of General Motors, talking to its executives and customers, or listening to GM conference calls.
GM Analyst Advice Details
GM technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of GM technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GM trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

General Motors Technical Analysis

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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. 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 applied against its price change over selected period. The best fit line has a slop of   0.1  , which suggests that General Motors will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 345.59, which is the sum of squared deviations for the predicted GM price change compared to its average price change.

About GM Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of General Motors on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of General Motors based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on General Motors stock first instead of the macroeconomic environment surrounding General Motors . By analyzing GM's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of GM's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to GM specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2017 2019 2020 (projected)
Long Term Debt to Equity1.921.581.25
Interest Coverage35.1440.4250.77

GM July 9, 2020 Technical Indicators

Most technical analysis of GM stock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for GM from various momentum indicators to cycle indicators. When you analyze GM charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Risk Adjusted Performance0.2653
Market Risk Adjusted Performance0.3474
Mean Deviation3.16
Semi Deviation3.1
Downside Deviation3.5
Coefficient Of Variation705.88
Standard Deviation4.03
Variance16.24
Information Ratio0.0997
Jensen Alpha0.2965
Total Risk Alpha0.2115
Sortino Ratio0.1149
Treynor Ratio0.3374
Maximum Drawdown17.46
Value At Risk(5.74)
Potential Upside8.37
Downside Variance12.23
Semi Variance9.61
Expected Short fall(3.68)
Skewness0.306
Kurtosis(0.28)

GM July 9, 2020 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as GM stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution  1,033,593  
Daily Balance Of Power (1.01)  
Rate Of Daily Change  0.94  
Day Median Price  24.08  
Day Typical Price  23.86  
Price Action Indicator (1.42)  
Please check Risk vs Return Analysis. Please also try Global Correlations module to find global opportunities by holding instruments from different markets.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page