GOODYEAR TIRE & RUBBER CO (GT) Stock Technical Analysis
USA - NASDAQ:GT - US3825501014 - Common Stock
7.56 USD
-0.03 (-0.4%)
7.58 USD
+0.02 (+0.26%)
Overall GT gets a technical rating of 1 out of 10. GT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
82% of all other stocks performed better in the past year than GT.
GT is part of the Automobile Components industry. There are 82 other stocks in this industry, of which 81% are performing better than GT.
GT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
GT has an average volume of 8703260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GT has a been trading in the 6.76 - 8.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.63
10.84
When analyzing the support we notice one important area.
- Support @6.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.57 to 7.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.05 from a horizontal line in the daily time frame.
- Resistance @10.73 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 | DOWN | NEGATIVE | The long term trend for GT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GT is neutral. |
| ChartMill Relative Strength | 18.38 | NEGATIVE | GT has a low relative strength, it was outperformed by 81.62% 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) | 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) | 53.01 | NEUTRAL | The RSI value for GT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for GT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for GT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.16 | 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)
7.56
-0.03 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.4%
1 Week-0.13%
2 Weeks9.72%
1 Month10.2%
3 Month-10.95%
6 Month-29.8%
12 Month-18.45%
2 Year-45.57%
3 Year-32.62%
5 Year-27.45%
10 Year-78.33%
15 Year-20.92%
Volatility
ATR(14)0.31
ATR(20)%3.53%
ATR Inc-23.36%
Range Today0.21
ADR(20)0.26
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.38
3 months CRS19.2
6 months CRS9.54
Mansfield-2.76
10 Day High8.16
10 Day Low6.78
20 Day High8.16
20 Day Low6.76
52 Week High12.03
52 Week Low6.51
CS1 End6.7
CR1 Start7.57
Volume & EV
DER(3)-4.25%
DER(5)-2.94%
Volume5.32M
Volume Incr-34.49%
Vol(5)6.13M
Vol(50)8.70M
GOODYEAR TIRE & RUBBER CO / GT FAQ
What is the technical rating for GT stock?
ChartMill assigns a technical rating of 1 / 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 53.0078. 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 0.0748683, indicating a bearish trend.