We assign a technical rating of 10 out of 10 to GTX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GTX is showing a nice and steady performance.
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.
7.37
7 important support areas can be observed.
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 | 95 | POSITIVE | GTX has a high relative strength, it outperformed 95% 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) | UP | POSITIVE | The current price of GTX is above the rising 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) | 60.19 | NEUTRAL | The RSI value for GTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.19 | OVERBOUGHT | The high Stochastics value suggests GTX may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for GTX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.81 | POSITIVE | The high ADX value value for GTX suggests a strong trend. |
18.48
-0.73 (-3.83%)
ChartMill assigns a technical rating of 10 / 10 to GTX.
The current trend direction for GARRETT MOTION INC (GTX) is Bullish.
GARRETT MOTION INC (GTX) has an RSI value of 60.1878. This indicates that the stock is currently neutral.
The MACD indicator for GARRETT MOTION INC (GTX) has a value of 0.0716058, indicating a bearish trend.
The buy/sell signal for GARRETT MOTION INC (GTX) is buy as both the short term and long term trends are positive.