GARRETT MOTION INC (GTX) Technical Analysis
NASDAQ:GTX • US3665051054
Current stock price
18.53 USD
+0.57 (+3.17%)
At close:
18.53 USD
0 (0%)
After Hours:
GTX Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to GTX. In the last year, GTX was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, GTX did better than 94% of all other stocks. We also observe that the gains produced by GTX over the past year are nicely spread over this period.
- GTX is part of the Automobile Components industry. There are 41 other stocks in this industry. GTX outperforms 90% of them.
- 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.
- GTX has an average volume of 2506310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GTX has a been trading in the 16.85 - 20.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GTX Weekly and Daily overview Charts
GTX Setup Rating and Analysis
Although GTX has an excellent technical rating, it does not offer a high quality setup 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
16.31
18.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.96 to 17.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.47 to 16.47. 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 | NEUTRAL | NEUTRAL | The short term trend for GTX is neutral. |
| ChartMill Relative Strength | 94.3 | POSITIVE | GTX has a high relative strength, it outperformed 94.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GTX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GTX is below 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) | 51.84 | NEUTRAL | The RSI value for GTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GTX has a positive trend. |
| Stochastics (14,3) | 55.58 | NEUTRAL | The Stochastics value for GTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for GTX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for GTX suggests a strong trend. |
GTX Chart- and CandleStick Pattern Analysis
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)
GTX Technicals: Chart, Performance Metrics, Trend & Indicators
18.53
+0.57 (+3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg3.17%
1 Week6.92%
2 Weeks2.32%
1 Month-8.72%
3 Month6.31%
6 Month34.57%
12 Month126.53%
2 Year86.42%
3 Year141.91%
5 Year573.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%3.89%
ATR Inc-16.58%
Range Today0.55
ADR(20)0.64
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.3
3 months CRS81.57
6 months CRS92.35
Mansfield2.75
10 Day High18.71
10 Day Low16.85
20 Day High20.53
20 Day Low16.85
52 Week High21.42
52 Week Low7.02
CS1 End17.64
CR1 StartN/A
Volume & EV
DER(3)-0.51%
DER(5)-0.01%
Volume2.21M
Volume Incr27.7%
Vol(5)3.09M
Vol(50)2.51M
GARRETT MOTION INC / GTX TA FAQ
What is the ChartMill technical rating of GARRETT MOTION INC (GTX) stock?
ChartMill assigns a technical rating of 7 / 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 GTX stock?
GARRETT MOTION INC (GTX) has an RSI value of 51.8432. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GARRETT MOTION INC?
The MACD indicator for GARRETT MOTION INC (GTX) has a value of 0.00899385, indicating a bearish trend.