General Motors exposed to negative pressure - Analysis - 21-09-2021

2021-09-21 12:01:40 GMT (Economies.com)
 

General Motors' stock (GM) fell 3.82% in the last session while exposed to negative pressure from the 50-day SMA, as the RSI reached overbought levels as the stock trades alongside the downward correctional trend line in the short term.

 

Therefore we expect more losses for the stock, targeting the support of 43.95, provided the support of 48.70 was breached. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1606
0.0036
0.3139%
1.3751
0.0123
0.9053%
Tadawul
11773.36
25.09
0.21%
23.335
0.700
3.090%
82.022
0.902
1.112%
84.86
0.86
1.02%
1767.855
13.150
0.749%
 
 
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