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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GM
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Green day on Thursday for General Motors
(Updated on Jun 20, 2024)

Buy or Hold candidate since Jun 07, 2024 Gain 4.48% PDF

The General Motors stock price gained 0.696% on the last trading day (Thursday, 20th Jun 2024), rising from $47.44 to $47.77. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.46% from a day low at $47.26 to a day high of $47.95. The price has risen in 7 of the last 10 days and is up by 4.71% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 570 thousand more shares were traded than the day before. In total, 10 million shares were bought and sold for approximately $472.84 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.50% during the next 3 months and, with a 90% probability hold a price between $46.19 and $52.29 at the end of this 3-month period.

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GM Signals & Forecast

The General Motors stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $47.73 and $45.51. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -2.23%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for General Motors stock

General Motors finds support from accumulated volume at $45.62 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.690 between high and low, or 1.46%. For the last week, the stock has had daily average volatility of 2.16%.

Our recommended stop-loss: $45.97 (-3.76%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (GM) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect General Motors Company to open at $47.66, and during the day (based on 14 day Average True Range), to move between $46.73 and $48.81, which gives a possible trading interval of +/-$1.04 (+/-2.18%) up or down from last closing price. If General Motors Company takes out the full calculated possible swing range there will be an estimated 4.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $48.21 (0.92%) than the support at $45.62 (4.50%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is General Motors Company stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for General Motors stock to perform well in the short-term.

Current score: 2.415 Buy Candidate Unchanged

Predicted Opening Price for General Motors Company of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$47.66 ( 0.237%) $47.77

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GM

Fibonacci Support & Resistance Levels

Level Price
R3 48.35 1.21%
R2 48.08 0.655%
R1 47.92 0.315%
Price 47.77
S1 47.39 -0.789%
S2 47.23 -1.13%
S3 46.97 -1.68%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 48.86 2.28%
R1 48.21 0.92%
Price 47.77
S1 45.62 -4.50%
S2 45.10 -5.59%
S3 44.99 -5.82%

GM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 07, 2024 Jun 07, 2024 Jun 20, 2024 $0.120 0.251%
2 Jan 29, 2024 Feb 29, 2024 Mar 14, 2024 $0.120 0.305%
3 Oct 23, 2023 Nov 30, 2023 Dec 14, 2023 $0.0900 0.248%
4 Jul 24, 2023 Aug 31, 2023 Sep 14, 2023 $0.0900 0.267%
5 Apr 24, 2023 Jun 01, 2023 Jun 15, 2023 $0.0900 0.237%

FAQ

What is the symbol for General Motors Stock and on which exchange is it traded?
The symbol for General Motors is GM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell General Motors Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for General Motors stock to perform well in the short-term.

How to buy General Motors Stock?
General Motors Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy General Motors Stock.

What's the current price of General Motors Stock?
As of the end of day on the Jun 20, 2024, the price of an General Motors (GM) share was $47.77.

What is the 52-week high and low for General Motors Stock?
The 52-week high for General Motors Stock is $49.35 and the 52-week low is $26.30.

What is the market capitalization of General Motors Stock?
As of the Jun 20, 2024, the market capitalization of General Motors is 54.127B.

When is the next earnings date for General Motors?
The upcoming earnings date for General Motors is Jul 23, 2024.
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About General Motors Company

General Motors General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling brand names. The company al... GM Profile

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