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.
The long and short term trends are both positive. This is looking good!
GD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
GD has an average volume of 1191760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GD did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
GD is part of the Aerospace & Defense industry. There are 68 other stocks in this industry, GD did better than 40% of them.
In the last month GD has a been trading in a tight range between 306.03 and 321.00.
Besides having an excellent technical rating, GD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 315.41, a Stop Loss order could be placed below this zone.
More info and screens
246.85
320.68
4 important support areas can be observed.
- A support zone ranging from 308.99 to 315.41. 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 296.61 to 301.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 269.44 to 271.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @249.34 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 316.54 to 317.50. 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 | 73.57 | POSITIVE | GD has a high relative strength, it outperformed 73.57% 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) | 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) | 62.56 | NEUTRAL | The RSI value for GD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests GD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.7 | NEUTRAL | The Stochastics value for GD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for GD suggests low volalility. |
| Average Directional Index/ADX (14) | 29.43 | 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)
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 |
|---|---|---|---|
| 317.51 | 312.20 | 5.31 (1.67%) | 25.00% |
| An entry @317.51. This is a Buy Stop order right above the resistance zone. | An exit @312.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.31 points, which is 1.67%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
316.53
-0.95 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.3%
1 Week0.22%
2 Weeks1.22%
1 Month0.73%
3 Month15.21%
6 Month30.23%
12 Month8.61%
2 Year39.66%
3 Year38.27%
5 Year111.94%
10 Year122.86%
15 Year466.55%
Volatility
ATR(14)3.28
ATR(20)%1.11%
ATR Inc-36.94%
Range Today2.26
ADR(20)3.44
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
CRS73.57
Mansfield0.38
10 Day High321
10 Day Low312.21
20 Day High321
20 Day Low306.03
52 Week High322.5
52 Week Low239.2
CS1 End315.41
CR1 Start316.54
Volume & EV
DER(3)-2.33%
DER(5)-0.52%
Volume717.40K
Volume Incr-34.95%
Vol(5)796.74K
Vol(50)1.19M