Stronger Sell Today GATX ranks #2701 as SELL CANDIDATE. Weaker Sell
Today GATX ranks #2701 as SELL CANDIDATE.

GATX stock GATX Corporation

GATX stock
GATX Corporation

March 22, 2019
Change -7.26%
Chart period: 2018-12-24 - 2019-03-22
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will GATX stock price go up or down on Tue, 26 Mar 2019?

GATX Corporation Forecast and Stock Analysis

Technical GATX stock analysis for March 22, 2019.

Sell candidate since 2019-03-22
Shorts 27.92% ( 2019-02-28 )
Cash n/a
Loans n/a
Beta 1.52
ROA 2.81

GATX Corporation fell by -7.26% in the last day from $77.85 to $72.20 The price has been going up and down for this period, and there has been a -3.99% loss for the last 2 weeks. Volume has increased in the last day by 170 038 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 392 108 shares bought and sold for approximately $28.31 million.

Close price at the end of the last trading day (Friday, 22nd Mar 2019) of the GATX stock was $72.20. This is 7.26% less than the trading day before Thursday, 21st Mar 2019.

During day the stock fluctuated 6.64% from a day low at $72.14 to a day high of $76.93.

30 day high of the GATX stock price was $79.89 and low was $72.14.
90 day high was $79.89 and low was $67.47.
52 week high for the GATX Corporation - $91.12 and low - $63.98.

Trend

GATX Corporation has broken the weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $74.39. A reaction back to this level may hold a second chance to get out before further falls.

Click here for today's Top 5 Trending Companies

Signals

There are few to none technical positive signals at the moment. GATX Corporation holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $75.75 and $76.24. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday March 21, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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A buy signal from a double bottom formation was found on Friday March 15, 2019 and based on theory for this formation the price should go up by 2.43% to $77.63 within 5 trading days since signal was issued (Friday March 22, 2019).

Relative Strength Index (RSI)

RSI14 is 31 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

GATX Corporation finds support from accumulated volume at $71.82.

Support: $71.82 Price: $72.20 Resistance: $72.40

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $4.79 (6.64%) between high and low. For the last week, the stock has had a daily average volatility of 3.15%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

The GATX Corporation stock holds several negative signals and despite the positive trend we believe GATX Corporation will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Sell Candidate.

Stronger Sell Today GATX ranks #2701 as SELL CANDIDATE. Weaker Sell
Today GATX ranks #2701 as SELL CANDIDATE.