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General Motors C Bullish Moving Average Crossover Alert (GM)

By James Quinn

General Motors C (NYSE:GM) shares have crossed bullishly above their 10-day moving average of $38.34 on a volume of 391K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, General Motors C share prices have been bracketed by a low of $30.56 and a high of $45.00 and are now at $38.59, 26% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

SmarTrend is tracking the current trend status for General Motors C and will alert subscribers who have GM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses general motors c

Ticker(s): GM