GARRETT MOTION INC (GTX) Technical Analysis
NASDAQ:GTX • US3665051054
Current stock price
GTX Technical Rating and Analysis
Overall GTX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that GTX is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, GTX also shows a nice and consistent pattern of rising prices.
- GTX is one of the better performing stocks in the Automobile Components industry, it outperforms 87% of 42 stocks in the same industry.
- GTX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GTX has a been trading in the 17.80 - 21.25 range, which is quite wide. It is currently trading near the high of this range.
- GTX has an average volume of 2234940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GTX Weekly and Daily overview Charts
GTX Setup Rating and Analysis
GTX has an excellent technical rating, but the quality of the setup is only medium 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
GTX Support and Resistance Analysis
17.11
We found 4 important support areas.
- A support zone ranging from 20.26 to 20.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.00 to 19.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.07 to 18.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.28 to 17.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.25 to 21.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
GTX 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 | UP | POSITIVE | The long term trend for GTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GTX is up. |
| ChartMill Relative Strength | 90.84 | POSITIVE | GTX has a high relative strength, it outperformed 90.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GTX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.09 | NEUTRAL | The RSI value for GTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.94 | NEUTRAL | The Stochastics value for GTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for GTX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for GTX suggests a weak or negative trend. |
GTX Chart- and CandleStick Pattern Analysis
GTX Technicals: Chart, Performance Metrics, Trend & Indicators
20.49
+0.2 (+0.99%)
GARRETT MOTION INC / GTX TA FAQ
What is the ChartMill technical rating of GARRETT MOTION INC (GTX) stock?
ChartMill assigns a technical rating of 10 / 10 to GTX.
What is the current trend direction of GARRETT MOTION INC (GTX) stock?
The current trend direction for GARRETT MOTION INC (GTX) is Bullish.
What is the RSI signal for GARRETT MOTION INC (GTX) stock?
GARRETT MOTION INC (GTX) has an RSI value of 62.0888. This indicates that the stock is currently neutral.
What is the short term momentum for GARRETT MOTION INC (GTX) stock?
The short term momentum for GARRETT MOTION INC (GTX) is positive.
Can you provide the support and resistance levels for GARRETT MOTION INC?
GARRETT MOTION INC (GTX) has a support level at 20.48 and a resistance level at 21.25. Check the full technical report for our detailed analysis of GTX support and resistance levels.