GENERAL MOTORS CO (8GM.DE) Stock Technical Analysis
FRA:8GM - Deutsche Boerse Ag - US37045V1008 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to 8GM. 8GM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: 8GM has an average volume of 939 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
8GM is part of the Automobiles industry. There are 30 other stocks in this industry. 8GM outperforms 79% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, 8GM turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
8GM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 8GM is lagging the market slightly.
In the last month 8GM has a been trading in the 39.59 - 45.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
8GM has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
37.42
49.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.59 to 43.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.04 from a trend line in the weekly time frame.
- A support zone ranging from 37.80 to 38.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 44.75 to 45.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.64 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 | NEUTRAL | NEUTRAL | The long term trend for 8GM.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 8GM.DE is neutral. |
| ChartMill Relative Strength | 41.67 | NEUTRAL | 8GM.DE is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of 8GM.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of 8GM.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.84 | NEUTRAL | The RSI value for 8GM.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests 8GM.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.02 | NEUTRAL | The Stochastics value for 8GM.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for 8GM.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.46 | NEGATIVE | The low ADX value for 8GM.DE suggests a weak or negative 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)
FRA:8GM (5/30/2025, 7:00:00 PM)
43.87
+1.42 (+3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg3.36%
1 Week1.89%
2 Weeks-2.44%
1 Month8.13%
3 Month-7.06%
6 Month-17.54%
12 Month7.74%
2 Year46.28%
3 Year22.34%
5 Year86.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%2.13%
ATR Inc52.46%
Range Today0.71
ADR(20)0.65
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.67
Mansfield-0.6
10 Day High44.85
10 Day Low42.43
20 Day High45.35
20 Day Low39.59
52 Week High58.75
52 Week Low35.31
CS1 End43.78
CR1 Start44.75
Volume & EV
DER(3)0%
DER(5)0%
Volume12
Volume Incr-88.01%
Vol(5)85
Vol(50)939.98