GOODYEAR TIRE & RUBBER CO (GT) Technical Analysis
NASDAQ:GT • US3825501014
Current stock price
GT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GT. GT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GT is a bad performer in the overall market: 88% of all stocks are doing better.
- GT is part of the Automobile Components industry. There are 41 other stocks in this industry, of which 82% are performing better than GT.
- GT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GT is lagging the market.
- In the last month GT has a been trading in the 6.14 - 7.24 range, which is quite wide. It is currently trading near the high of this range.
- GT has an average volume of 8159850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GT Weekly and Daily overview Charts
GT Setup Rating and Analysis
GT has a poor technical rating and the quality of the setup is also not perfect 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
GT Support and Resistance Analysis
6.08
We found 1 important support area.
- A support zone ranging from 6.14 to 6.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.07 to 7.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.25 to 10.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.72 from a trend line in the weekly time frame.
GT Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for GT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GT is down. |
| ChartMill Relative Strength | 12.64 | NEGATIVE | GT has a low relative strength, it was outperformed by 87.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GT is below a declining 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) | 50.09 | NEUTRAL | The RSI value for GT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests GT has a positive trend. |
| Stochastics (14,3) | 83 | OVERBOUGHT | The high Stochastics value suggests GT may be overbought. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for GT suggests some volalility. |
| Average Directional Index/ADX (14) | 34.63 | POSITIVE | The high ADX value value for GT suggests a strong trend. |
GT Chart- and CandleStick Pattern Analysis
GT Technicals: Chart, Performance Metrics, Trend & Indicators
7.06
+0.01 (+0.14%)
GOODYEAR TIRE & RUBBER CO / GT TA FAQ
What is the technical rating for GT stock?
ChartMill assigns a technical rating of 0 / 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.
What is the RSI signal for GT stock?
GOODYEAR TIRE & RUBBER CO (GT) has an RSI value of 50.0888. 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 0.154147, indicating a bearish trend.
Can you provide the short term momentum for GOODYEAR TIRE & RUBBER CO?
The short term momentum for GOODYEAR TIRE & RUBBER CO (GT) is negative.