GARRETT MOTION INC (GTX) Stock Technical Analysis
USA - NASDAQ:GTX - US3665051054 - Common Stock
13.58 USD
-0.1 (-0.73%)
13.58 USD
0 (0%)
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GTX did better than 90% of all other 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 81 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.
GTX has an average volume of 3267500 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 12.75 - 14.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GTX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 13.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GTX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
7.37
13.72
4 important support areas can be observed.
- A support zone ranging from 13.28 to 13.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.93 to 12.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.65 to 12.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for GTX is up. |
| ChartMill Relative Strength | 90.83 | POSITIVE | GTX has a high relative strength, it outperformed 90.83% 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) | 58.78 | NEUTRAL | The RSI value for GTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.39 | NEUTRAL | The Stochastics value for GTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for GTX suggests some volalility. |
| Average Directional Index/ADX (14) | 35.01 | 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)
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 |
|---|---|---|---|
| 14.02 | 13.27 | 0.75 (5.32%) | 18.81% |
| An entry @14.02. This is a Buy Stop order right above the 10 day high. | An exit @13.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.75 points, which is 5.32%. | For a 1.00% total portfolio risk, you can invest 18.81% 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.
13.58
-0.1 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.73%
1 Week0.15%
2 Weeks1.65%
1 Month3.11%
3 Month29.33%
6 Month66.01%
12 Month62.63%
2 Year72.34%
3 Year140.35%
5 Year95.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.52%
ATR Inc9.3%
Range Today0.33
ADR(20)0.33
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.83
Mansfield2.27
10 Day High14.01
10 Day Low12.83
20 Day High14.01
20 Day Low12.75
52 Week High14.01
52 Week Low7.02
CS1 End13.44
CR1 StartN/A
Volume & EV
DER(3)2.39%
DER(5)3.4%
Volume2.45M
Volume Incr27.12%
Vol(5)4.30M
Vol(50)3.27M