GENERAL DYNAMICS CORP (GD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GD - US3695501086 - Common Stock
We assign a technical rating of 8 out of 10 to GD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GD is showing a nice and steady performance.
Although GD has an excellent technical rating, it does not present a decent entry opportunity 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.
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327.28
When analyzing the support we notice one important area.
- A support zone ranging from 330.59 to 345.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @350.78 from a horizontal line in the weekly time frame.
- Resistance @360.72 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 GD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GD is up. |
| ChartMill Relative Strength | 78.36 | POSITIVE | GD has a high relative strength, it outperformed 78.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.23 | NEUTRAL | The RSI value for GD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.34 | POSITIVE | The MACD value suggests GD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.17 | NEUTRAL | The Stochastics value for GD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for GD suggests low volalility. |
| Average Directional Index/ADX (14) | 12.52 | NEGATIVE | The low ADX value for GD suggests a weak or negative trend. |
345.64
-15.07 (-4.18%)
GENERAL DYNAMICS CORP / GD FAQ
What is the ChartMill technical rating of GENERAL DYNAMICS CORP (GD) stock?
ChartMill assigns a technical rating of 8 / 10 to GD.
What is the trend direction for GD stock?
The current trend direction for GENERAL DYNAMICS CORP (GD) is Bullish.
Can you provide the RSI signal for GENERAL DYNAMICS CORP?
GENERAL DYNAMICS CORP (GD) has an RSI value of 52.2258. This indicates that the stock is currently neutral.
What is the short term momentum for GD stock?
The short term momentum for GENERAL DYNAMICS CORP (GD) is positive.
What is the buy/sell signal for GD stock?
The buy/sell signal for GENERAL DYNAMICS CORP (GD) is buy as both the short term and long term trends are positive.