9.23 USD
+0.07 (+0.76%)
9.17 USD
-0.06 (-0.65%)
We assign a technical rating of 7 out of 10 to GT. In the last year, GT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GT has a been trading in the 8.60 - 9.34 range, which is quite wide. It is currently trading near the high of this range.
GT has an average volume of 6782320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GT did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
GT is part of the Automobile Components industry. There are 42 other stocks in this industry, GT did better than 53% of them.
GT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GT is lagging the market.
Besides having an excellent technical rating, GT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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
8.46
11.03
We found 3 important support areas.
- Support @9.20 from a trend line in the daily time frame.
- A support zone ranging from 8.90 to 8.97. 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 8.55 to 8.72. 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 @10.51 from a trend line in the weekly time frame.
- Resistance @10.92 from a trend line in the weekly 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 GT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GT is up. |
| ChartMill Relative Strength | 78.46 | POSITIVE | GT has a high relative strength, it outperformed 78.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.38 | NEUTRAL | The RSI value for GT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GT has a positive trend. |
| Stochastics (14,3) | 75.67 | NEUTRAL | The Stochastics value for GT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for GT suggests some volalility. |
| Average Directional Index/ADX (14) | 37.91 | POSITIVE | The high ADX value value for GT 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 |
|---|---|---|---|
| 9.35 | 9.19 | 0.16 (1.71%) | 25.00% |
| An entry @9.35. This is a Buy Stop order right above the 10 day high. | An exit @9.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.16 points, which is 1.71%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GT. Please evaluate whether better entry and exit points can be found.
- 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.
9.23
+0.07 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.76%
1 Week3.48%
2 Weeks5.73%
1 Month3.24%
3 Month35.14%
6 Month-17.52%
12 Month4.18%
2 Year-33.79%
3 Year-17.96%
5 Year-12.51%
10 Year-67.51%
15 Year-22.31%
Volatility
ATR(14)0.27
ATR(20)%2.85%
ATR Inc19.53%
Range Today0.22
ADR(20)0.26
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.46
3 months CRS94.14
6 months CRS15.58
Mansfield-1.17
10 Day High9.34
10 Day Low8.63
20 Day High9.34
20 Day Low8.6
52 Week High12.03
52 Week Low6.51
CS1 End9.2
CR1 Start10.51
Volume & EV
DER(3)-2.32%
DER(5)-1.29%
Volume5.47M
Volume Incr22.96%
Vol(5)6.46M
Vol(50)6.78M
GOODYEAR TIRE & RUBBER CO / GT FAQ
What is the technical rating for GT stock?
ChartMill assigns a technical rating of 7 / 10 to GT.
What is the current trend direction of GOODYEAR TIRE & RUBBER CO (GT) stock?
The current trend direction for GOODYEAR TIRE & RUBBER CO (GT) is Bearish.
Can you provide the RSI signal for GOODYEAR TIRE & RUBBER CO?
GOODYEAR TIRE & RUBBER CO (GT) has an RSI value of 62.3755. This indicates that the stock is currently neutral.
What is the MACD signal for GT stock?
The MACD indicator for GOODYEAR TIRE & RUBBER CO (GT) has a value of 0.00510203, indicating a bearish trend.
What is the short term momentum for GT stock?
The short term momentum for GOODYEAR TIRE & RUBBER CO (GT) is positive.