GARRETT MOTION INC (GTX)
US3665051054 - Common Stock
Overall GTX gets a technical rating of 6 out of 10. GTX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
GTX is one of the better performing stocks in the Automobile Components industry, it outperforms 90% of 42 stocks in the same industry.
GTX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GTX is performing more or less in line with the market.
In the last month GTX has a been trading in the 8.79 - 10.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GTX has an average volume of 1140220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GTX did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Volume is considerably higher in the last couple of days.
GTX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.47, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
7.75
10.14
4 important support areas can be observed.
- A support zone ranging from 9.13 to 9.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.73 from a trend line in the daily time frame.
- Support @8.04 from a horizontal line in the daily time frame.
- Support @7.83 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.59 to 9.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.87 to 10.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.42
Mansfield0.57
10 Day High9.99
10 Day Low8.79
20 Day High10.05
20 Day Low8.79
52 Week High10.16
52 Week Low6.43
Performance
1 Week-1.75%
2 Weeks3.58%
1 Month-3.63%
3 Month8.39%
6 Month28.15%
12 Month19.95%
2 Year43.33%
3 Year375.62%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)47.56
LBB9.06
UBB10.06
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 |
|---|---|---|---|
| 9.66 | 9.12 | 0.54 (5.59%) | 17.89% |
| An entry @9.66. This is a Buy Stop order right above the resistance zone. | An exit @9.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 5.59%. | For a 1.00% total portfolio risk, you can invest 17.89% 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.
GARRETT MOTION INC
NASDAQ:GTX (5/1/2024, 8:58:03 AM)
9.56
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0%
1 Week-1.75%
2 Weeks3.58%
1 Month-3.63%
3 Month8.39%
6 Month28.15%
12 Month19.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%3.16%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.99
10 Day Low8.79
20 Day High10.05
20 Day Low8.79
52 Week High10.16
52 Week Low6.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume200
Volume Incr88.82%
Vol(5)1.70M
Vol(50)1.14M