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GM Stock Forecast & General Motors Company Chart Analysis

This article provides a detailed analysis of GM-General Motors Company stock including a forecast for GM shares. It features General Motors Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

GM Historical Data Review

GM Current Price Performance Analysis

The General Motors Company - GM stock traded on the American stock market, on 06-05-2024, closed at 45.62$ with a %0.80 increased compared to the previous day.

In the last month, the price of GM changed by %1.24 increased in value, from 45.06 dollars on 05-06-2024 to 45.62 dollars, increased.

Last year, the price of GM was 35.24 dollars on 06-06-2023, and changed by %29.46 increased in value, to 45.62 dollars increased within a year.

The price of General Motors Company stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

GM with AI Stock Forecast & Price Target

GM stock forecast General Motors Company price target

On the GM chart General Motors Company price was recorded as 45.62 Dollars on 06/05/2024.

The artificial intelligence's forecast on GM stock is as follows.

The artificial intelligence's prediction error margin for GM stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for General Motors Company stock over the next 4 months is: 45.9 Dollars.

The commentary on GM stock Target Price: Highest: 52.385 Dollars is predicted.

The commentary on GM stock Target Price: Lowest: 41.277 Dollars is predicted.

Resistance Price where General Motors Company stock will Rise and Fall:

Date Price Prediction
06-20-2024 44.015
10-18-2024 50.486
12-02-2024 52.385
02-10-2025 43.938
03-07-2025 43.724

Support Price where General Motors Company stock will Fall and Rise:

Date Price Prediction
07-30-2024 41.277
11-07-2024 50.007
02-05-2025 43.929
02-25-2025 43.714
04-11-2025 42.190

The commentary on GM stock: The target price can generally be said to be on the decline.

The commentary on GM stock: Fluctuations in the target price can be expected in the coming days.

The target price for General Motors Company stock by the end of 2024 is predicted to be 49.13 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on GM stock, and the 2024 target price predictions for General Motors Company are detailed above.

The technical analysis and charts for the commentary on GM stock are below.

GM Support & Resistance and Trend Analysis

GM review General Motors Company technical analysis trend chart GM priceGM stock support and resistance price chart

GM stock you have reviewed the technical analysis support resistance charts regarding.

GM : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the GM review, the General Motors Company support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

General Motors Company Support and Resistance Prices:

GM Support Level Price GM Resistance Level Price
26.30 32.59
27.41 36.62
34.32 36.85
34.70 39.75
37.40 39.82
37.60 39.95
38.95 41.80
42.01 46.04
42.27 46.10
44.26 46.17

GM Technical Analysis: SMA, RSI, MACD

GM review General Motors Company SMA chart analysis GM priceGM buy or sell review General Motors Company MACD chart analysis GM price

Upon reviewing the GM chart, buy and sell signals have been generated in the General Motors Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for GM stock are as follows:
  1. GM technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for General Motors Company gave a 'Buy' signal when the RSI was at 29.143, with the current RSI value at 50.782.
  3. The technical analysis for GM indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for General Motors Company issued a 'Buy' signal when the MACD was at 0.068, with the current MACD value being: 0.147

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for General Motors Company stock: Click here to read more predictions on Hess Corporation stock.

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