Overall GT gets a technical rating of 5 out of 10. In the past year, GT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
GT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.67, a Stop Loss order could be placed below this zone.
More info and screens
8.11
2 important support areas can be observed.
- A support zone ranging from 8.57 to 8.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.19 to 8.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.81 to 8.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.62 from a trend line in the weekly time frame.
- Resistance @10.98 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 | 30.52 | NEUTRAL | GT is not amongst the best or worst performers 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) | 63.32 | NEUTRAL | The RSI value for GT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.16 | OVERBOUGHT | The high Stochastics value suggests GT may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for GT suggests some volalility. |
| Average Directional Index/ADX (14) | 40.69 | POSITIVE | The high ADX value value for GT suggests a strong trend. |
8.8
-0.02 (-0.23%)
GOODYEAR TIRE & RUBBER CO / GT FAQ
What is the technical rating for GT stock?
ChartMill assigns a technical rating of 5 / 10 to GT.
Can you provide the trend direction for GOODYEAR TIRE & RUBBER CO?
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 63.3158. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GOODYEAR TIRE & RUBBER CO?
The MACD indicator for GOODYEAR TIRE & RUBBER CO (GT) has a value of 0.0171511, indicating a bearish trend.