GARRETT MOTION INC (GTX) Stock Technical Analysis
USA - NASDAQ:GTX - US3665051054 - Common Stock
16.99 USD
+2.06 (+13.8%)
16.825 USD
-0.16 (-0.97%)
Overall GTX gets a technical rating of 10 out of 10. 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that GTX is one of the better performing stocks in the market, outperforming 95% 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 93% of 83 stocks in the same industry.
GTX is currently making a new 52 week high. This is a strong signal. 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 12.26 - 17.05 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GTX has an average volume of 3443470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GTX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.37
17.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.28 to 13.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.47 from a horizontal line in the daily time frame.
- Support @7.44 from a horizontal 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 | 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 | 95.02 | POSITIVE | GTX has a high relative strength, it outperformed 95.02% 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) | 81.25 | OVERBOUGHT | The high RSI value suggests GTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests GTX has a positive trend. |
| Stochastics (14,3) | 63.24 | NEUTRAL | The Stochastics value for GTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for GTX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.59 | POSITIVE | The high ADX value value for GTX 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)
16.99
+2.06 (+13.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg13.8%
1 Week33.25%
2 Weeks31.6%
1 Month23.38%
3 Month31.3%
6 Month85.68%
12 Month128.36%
2 Year140.65%
3 Year155.87%
5 Year494.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%3.52%
ATR Inc687.86%
Range Today1.96
ADR(20)0.52
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.02
3 months CRS90.05
6 months CRS91.78
Mansfield4.43
10 Day High17.05
10 Day Low12.26
20 Day High17.05
20 Day Low12.26
52 Week High17.05
52 Week Low7.02
CS1 End13.4
CR1 StartN/A
Volume & EV
DER(3)0.48%
DER(5)0.09%
Volume7.69M
Volume Incr110.59%
Vol(5)5.19M
Vol(50)3.44M
GARRETT MOTION INC / GTX 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 trend direction for 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 81.2542. This indicates that the stock is currently overbought.
What is the MACD signal for GARRETT MOTION INC (GTX) stock?
The MACD indicator for GARRETT MOTION INC (GTX) has a value of 0.314187, indicating a bearish trend.
What is the short term momentum for GTX stock?
The short term momentum for GARRETT MOTION INC (GTX) is neutral.