The Hourly View for GD
At the moment, GD (Get Ratings)’s price is down $-0.83 (-0.43%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 100 hour moving average has been crossed, so that price is now turning below it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Out of Shipbuilding Railroad Equipment stocks, GD ranks 10th in regards to today’s price percentage change.
GD’s Technical Outlook on the Daily Chart
Currently, GD’s price is down $-0.32 (-0.17%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as GD has now gone down 4 of the past 5 days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows GD’s price action over the past 90 days.
For GD News Traders
News traders keeping an eye on GD may find value in this recent story:
The best defense stocks have long-term programs as well as footholds in key emerging priorities for the Pentagon and U.S. allies.
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