$GM General Motors Company Stock Robo Analyst October 25 2020 #GM

General Motors Company (GM) “On a long-term technical basis, the stock (GM) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 33.33 and 31.66. If the stock breaks down through support at 33.33 then it will probably continue lower to 31.66. The stock has resistance at 39.00. The 200-day moving average is at 27.84. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 33.33 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (91.65).”