GENERAL MOTORS CO (8GM.DE) Stock Technical Analysis
FRA:8GM - US37045V1008 - Common Stock
49.62 EUR
-0.44 (-0.88%)
Taking everything into account, 8GM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, 8GM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: 8GM has an average volume of 419 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
8GM is one of the better performing stocks in the Automobiles industry, it outperforms 90% of 31 stocks in the same industry.
8GM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, 8GM did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
8GM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 8GM is lagging the market.
Besides having an excellent technical rating, 8GM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.68
52.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 44.13 to 46.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.51 to 42.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.06 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 49.82 to 50.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @52.22 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 8GM.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 8GM.DE is up. |
| ChartMill Relative Strength | 81.89 | POSITIVE | 8GM.DE has a high relative strength, it outperformed 81.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 8GM.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 8GM.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 8GM.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.38 | NEUTRAL | The RSI value for 8GM.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests 8GM.DE has a negative trend. |
| Stochastics (14,3) | 68.91 | NEUTRAL | The Stochastics value for 8GM.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for 8GM.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 23.6 | NEUTRAL | The ADX value for 8GM.DE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 49.83 | 47.77 | 2.06 (4.14%) | 24.14% |
| An entry @49.83. This is a Buy Stop order right above the 10 day moving average. | An exit @47.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.06 points, which is 4.14%. | When investing 24.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:8GM (9/5/2025, 7:00:00 PM)
49.62
-0.44 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.88%
1 Week-0.15%
2 Weeks1.97%
1 Month8.44%
3 Month19.26%
6 Month16.15%
12 Month16.12%
2 Year57.42%
3 Year47.37%
5 Year98.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%1.4%
ATR Inc-30.21%
Range Today0.6
ADR(20)0.54
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.89
Mansfield-0.16
10 Day High50.97
10 Day Low47.78
20 Day High50.97
20 Day Low45.16
52 Week High58.75
52 Week Low37.67
CS1 End46.49
CR1 Start49.82
Volume & EV
DER(3)0%
DER(5)0%
Volume1.16K
Volume Incr244.69%
Vol(5)929.8
Vol(50)419.76