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General Motors C Bearish Moving Average Crossover Alert (GM)

By David Diaz

Today, shares of General Motors C (NYSE:GM) have fallen below their 10-day MA of $39.66 on a volume of 570K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of General Motors C have traded between a low of $30.56 and a high of $45.00 and are now at $39.51, which is 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in General Motors C. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of General Motors C in search of a potential trend change.

Keywords: moving crosses general motors c

Ticker(s): GM