Weaker Buy Today GMS.L ranks #248 as BUY CANDIDATE. Stronger Buy
Today GMS.L ranks #248 as BUY CANDIDATE.

GMS.L stock GENERAL MOTORS CORP 7.50% SR. NOTES 7/1/2044

GMS.L stock
GENERAL MOTORS CORP 7.50% SR. NOTES 7/1/2044

February 18, 2019
Change 1.04%
Chart period: 2018-11-19 - 2019-02-18
VOLUME
Buy
TREND
Sell

MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will GMS.L stock price go up or down on Wed, 20 Feb 2019?

GENERAL MOTORS CORP 7.50% SR. NOTES 7/1/2044 Forecast and Stock Analysis

Technical GMS.L stock analysis for February 18, 2019.

Buy candidate since 2019-02-18
Shorts 2.55% ( 2019-01-31 )
Cash n/a
Loans n/a
Beta 4.11
ROA 3.44

GENERAL MOTORS CORP 7.50% SR. NOTES 7/1/2044 gained 1.04% in the last trading day, rising from £19.23 to £19.43 , and has now gained 4 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. The price has risen in 5 of the last 10 days , but is still down by -12.1% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 331 540 more shares were traded than the day before. In total, 424 413 shares bought and sold for approximately £8.24 million.

Close price at the end of the last trading day (Monday, 18th Feb 2019) of the GMS.L stock was £19.43. This is 1.04% more than the trading day before Friday, 15th Feb 2019.

During day the stock fluctuated 0.00% from a day low at £19.00 to a day high of £19.00.

30 day high of the GMS.L stock price was £23.00 and low was £17.00.
90 day high was £36.80 and low was £6.98.
52 week high for the GENERAL MOTORS CORP 7.50% SR. NOTES 7/1/2044 - £52.20 and low - £6.98.

Trend

GENERAL MOTORS CORP 7.50% SR. NOTES 7/1/2044 lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -41.73% during the next 3 months and, with 90% probability hold a price between £-2.37 and £15.37 at the end of this period.

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Signals

Only positive signals in the chart today. GENERAL MOTORS CORP 7.50% SR. NOTES 7/1/2044 holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately £19.82. On a fall, the stock will find some support from the long-term average at approximately £17.33. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Wednesday February 13, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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Relative Strength Index (RSI)

RSI14 is 54 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at £18.00 and £17.10.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, GENERAL MOTORS CORP 7.50% SR. NOTES 7/1/2044 finds support just below today's level at £18.00. If this is broken, then the next support from accumulated volume will be at £17.10 and £17.00.

Support: £18.00 Price: £19.43 Resistance: £20.00

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £0.00 between high and low, or 0.00%. For the last week, the stock has had a daily average volatility of 7.55%.

Our recommended stoploss: £18.44 (-5.09%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Weaker Buy Today GMS.L ranks #248 as BUY CANDIDATE. Stronger Buy
Today GMS.L ranks #248 as BUY CANDIDATE.