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Bullish Moving Average Cross by General Motors C (GM)

By Shiri Gupta

General Motors C (NYSE:GM) crossed over its 10-day moving average of $20.44 on a volume of 1.7 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of General Motors C have traded between a low of $14.33 and a high of $41.90 and are now at $20.89, which is 46% above that low price. The 200-day and 50-day moving averages have moved 1.17% lower and 5.17% lower over the past week, respectively.

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