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General Motors stock closes 1.44% lower with hourly signals leaning bearish

General Motors stock closes 1.44% lower with hourly signals leaning bearish

Photo: The Cryptonomist

General Motors stock carries a neutral daily bias, while the hourly chart adds a bearish tilt to that balance. GM ended Monday between its 20-session and 50-session exponential averages. Neither daily momentum nor the shorter-term structure builds a clear bullish case. On Monday, GM opened at $83.72, traded between a low of $82.34 and a high of $83.82, and closed at $82.75, against a previous close of $83.96. Key takeaways General Motors stock ended Monday at $82.75, with a session change of -1.44% versus the previous close. The daily RSI14 is 49.81, just below the neutral 50 threshold.

Source: The Cryptonomist

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