General Motors Stock Technical Analysis

GM Stock  USD 55.68  0.81  1.48%   
As of the 22nd of November, GM retains the Risk Adjusted Performance of 0.108, downside deviation of 2.02, and Market Risk Adjusted Performance of 0.2181. 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. 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 55.68 per share. Given that General Motors has jensen alpha of 0.1681, we strongly advise you to confirm General Motors's regular market performance to make sure the company can sustain itself at a future point.

GM Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GM
  
GM's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

GM Analyst Consensus

Target PriceAdvice# of Analysts
48.34Buy28Odds
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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Time Period
Execute Indicator
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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.

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   0.18  , which suggests that General Motors will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 1166.67, 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 price pattern 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.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0021860.0081670.01220.0116
Price To Sales Ratio0.670.310.290.28

GM November 22, 2024 Technical Indicators

Most technical analysis of GM 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.

GM November 22, 2024 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GM. If investors know GM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.218
Dividend Share
0.45
Earnings Share
9.37
Revenue Per Share
155.11
Quarterly Revenue Growth
0.105
The market value of General Motors is measured differently than its book value, which is the value of GM that is recorded on the company's balance sheet. Investors also form their own opinion of GM's value that differs from its market value or its book value, called intrinsic value, which is GM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GM's market value can be influenced by many factors that don't directly affect GM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.