GENERAL DYNAMICS CORP (GD) Stock Technical Analysis
NYSE:GD - New York Stock Exchange, Inc. - US3695501086 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to GD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GD is only an average performer.
GD is part of the Aerospace & Defense industry. There are 67 other stocks in this industry, of which 71% are performing better than GD.
The long and short term trends are both positive. This is looking good!
GD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GD is lagging the market slightly.
In the last month GD has a been trading in the 288.62 - 322.50 range, which is quite wide. It is currently trading near the high of this range.
GD has an average volume of 1190170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, GD outperforms 65% of them, which is more or less in line with the market.
Although GD has an excellent technical rating, it does not offer a high quality setup 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
246.83
320.12
When analyzing the support we can see 4 important areas.
- A support zone ranging from 296.60 to 304.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 286.82 to 289.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 265.73 to 271.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 249.32 to 249.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 314.03 to 316.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 65.22 | NEUTRAL | GD is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of GD is above the rising 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) | 72.17 | OVERBOUGHT | The high RSI value suggests GD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.97 | POSITIVE | The MACD value suggests GD has a positive trend. |
| Stochastics (14,3) | 78.22 | NEUTRAL | The Stochastics value for GD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for GD suggests low volalility. |
| Average Directional Index/ADX (14) | 32.94 | POSITIVE | The high ADX value value for GD suggests a strong 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)
314.02
-0.22 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.07%
1 Week5.03%
2 Weeks3.91%
1 Month7.77%
3 Month15.46%
6 Month17.86%
12 Month8.13%
2 Year40.45%
3 Year38.54%
5 Year114%
10 Year110.6%
15 Year412.69%
Volatility
ATR(14)5.65
ATR(20)%1.61%
ATR Inc18.36%
Range Today3.98
ADR(20)4.43
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.22
Mansfield0.2
10 Day High322.5
10 Day Low293.95
20 Day High322.5
20 Day Low288.62
52 Week High322.5
52 Week Low239.2
CS1 End304.46
CR1 Start314.03
Volume & EV
DER(3)0.01%
DER(5)-0.62%
Volume1.22M
Volume Incr18.81%
Vol(5)1.59M
Vol(50)1.19M