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GM

General Motors (NYSE: $GM) Announces $10B Share Buy-backGeneral Motors (GM) stock increased by 10.7% on Wednesday after the company announced plans to increase shareholder returns. The automaker announced: 1. A $10 billion accelerated share buyback program 2. A 33% increase in its common stock dividend beginning in 2024 3. Reinstatement of its 2023 earnings guidance 4. The dividend will increase to $0.12 per quarter. General Motors expects net income in the range of $9.1 billion to $9.7 billion. General Motors Outlook Scaling back on its EV and driverless vehicle ambitions. Navigating higher labor costs due to a new union contract with the United Auto Workers. Finalizing a 2024 budget that will offset the costs of new labor agreements Reducing capital intensity, developing products more efficiently, and reducing fixed and variable costs. GM is only recently emerging from the six-week strike that cost the company more than $1.1 billion during the third and fourth quarters. GM lost more than 31,000 units of production, more than competitors Ford and Stellantis. Despite Wednesday's jump, GM stock is down 5.56% year to date. Technical Analysist The 10-day chart shows that GM stock has been fluctuating between a low of $26.30 on November 20 and a high of $31.75 on November 30. The stock has experienced some volatility due to various factors, such as the global chip shortage, the electric vehicle competition, and the regulatory and safety challenges of its self-driving subsidiary Cruise. Price Momentum General Motors (NASDAQ: GM) is trading in the middle of its 52-week range and below its 200-day simple moving average. Investors are still evaluating the share price, but the stock still appears to have some downward momentum.
NYSE:GMLong
by DEXWireNews
General Motors (NASDAQ: $GM) Announces $10B Share Buy-backGeneral Motors (GM) stock increased by 10.7% on Wednesday after the company announced plans to increase shareholder returns. The automaker announced: 1. A $10 billion accelerated share buyback program 2. A 33% increase in its common stock dividend beginning in 2024 3. Reinstatement of its 2023 earnings guidance 4. The dividend will increase to $0.12 per quarter. General Motors expects net income in the range of $9.1 billion to $9.7 billion. General Motors Outlook Scaling back on its EV and driverless vehicle ambitions. Navigating higher labor costs due to a new union contract with the United Auto Workers. Finalizing a 2024 budget that will offset the costs of new labor agreements Reducing capital intensity, developing products more efficiently, and reducing fixed and variable costs. GM is only recently emerging from the six-week strike that cost the company more than $1.1 billion during the third and fourth quarters. GM lost more than 31,000 units of production, more than competitors Ford and Stellantis. Despite Wednesday's jump, GM stock is down 5.56% year to date. Technical Analysist The 10-day chart shows that GM stock has been fluctuating between a low of $26.30 on November 20 and a high of $31.75 on November 30. The stock has experienced some volatility due to various factors, such as the global chip shortage, the electric vehicle competition, and the regulatory and safety challenges of its self-driving subsidiary Cruise. Price Momentum General Motors (NASDAQ: GM) is trading in the middle of its 52-week range and below its 200-day simple moving average. Investors are still evaluating the share price, but the stock still appears to have some downward momentum.
NYSE:GMLong
by DEXWireNews
General Motors Surges on Dividend Boost, $10 Billion BuybackGeneral Motors (NYSE: GM) - shares powered higher Today after the carmaker updated its profit guidance following the United Autoworkers Union strike while unveiling plans to boost its quarterly dividend and buyback $10 billion in stock. General Motors said the six-week UAW strike, which ended late last month, would clip around $1.1 billion from the group's bottom line, but would ultimately improve free cash flows thanks in part to strike-related shutdowns at various facilities around the country. GM said it now sees full-year adjusted profits in the region of $11.7 billion to $12.7 billion, down from its prior forecast of $12 billion to $14 billion. Diluted earnings, GM said, would likely come in between $7.20 and $7.70 per share, compared to its prior range of between $7.15 and $8.15 per share. The carmaker also said it would boost its quarterly dividend by 33%, to 12 cents per share, starting in 2024 while immediately retiring $6.8 billion in GM stock through its new $10 billion buyback. GM's free cash flow forecast was lifted to between $10.5 billion and $11.5 billion, a $2.5 billion boost from the higher end of it pre-strike forecast. Price Momentum GM is trading in the middle of its 52-week range and below its 200-day simple moving average. What does this mean? Investors are still evaluating the share price, but the stock still appears to have some downward momentum. This is a Neutral sign for the stock's future value.
NYSE:GMLong
by DEXWireNews
GM General Motors Company Options Ahead of EarningsIf you haven`t bought GM ahead of the previous earnings: Then analyzing the options chain of GM General Motors Company prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-12-15 for a premium of approximately $1.77. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your thoughts on this strategy.
NYSE:GMLong
by TopgOptions
GM - BULLISH SCENARIO General Motors (GM) made a counteroffer to the United Auto Workers (UAW) to resolve a three-week strike. UAW President Shawn Fain plans an update on talks with Detroit's automakers. The strike, including Ford and Stellantis, began on Sept. 15. GM's counteroffer is its sixth, but "significant gaps remain." Negotiations with Ford show progress on pay increases. Talks with Stellantis have been active. Ford offered a more than 20% wage increase over the contract's life. Other issues, like union representation at battery plants, remain unresolved. GM secured a $6 billion credit line due to the strike's estimated $200 million cost. UAW members at Mack Trucks will receive a 19% pay hike over five years in a tentative agreement. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:GMLong
by legacyFXofficial
GM TA - General Motors going downhey guys whats up its amir So General Motors, what exactly do we have here: - Beautiful bearish flag just got broke down - I want you to notice to the RMACD we had last week a bull trigger and got rejected and now were closing a bearish trigger, and exactly the same happened in the drop last time (vertical lines) its a sign that the bears are stronger than the bulls. - Watch at the volume indicator, for about two years you can see clearly who have control on the stock look at all the red bars, clearly the bears are in charge here. - Good risk reward ratio 1:3 its fine. defintely work for me. *not financial advisor*
NYSE:GMShort
by amirhemo
GENERAL MOTORS Confirmed buy signal.General Motors Company (GM) has completed 3 days of trading above the 4H MA50 (blue trend-line), with the 4H RSI almost 60.00. The long-term pattern is a Triangle and the recent Double Bottom was within the Higher Lows Zone that is in place since July 05 2022. Every time the price broke above the 4H MA50 after a 4H RSI oversold bounce on Higher Lows, we had a low risk buy entry at our hands. There is a 12-month Resistance Zone that we should revisit on the long-term but on the more short/ medium-term we will target the 0.786 Fibonacci retracement level at 39.00, which was the targeted extension on the Lower Highs trend-line during the July High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:GMLong
by TradingShot
GM, Building Massive Formation, These Levels Are Important!Hi my friends, Welcome to this analysis about the stock value GM, we are looking at the 4-hour chart, I noticed a divergence between the traditional car-industry stock like GM at the moment and the new electronic cars TSLA, while TSLA going down GM went up the last days. This is an interesting divergence worth to look nearer in, nevertheless, overall GM was one of the weaker stocks since the corona breakdowns and lows established, it is still trading below its all-time-high where others made already new highs and risings, therefore I detected the important levels and possible outcomes for this stock we should consider at the moment. Looking at my chart you can watch there this huge blue trading channel the stock is trading in, furthermore, it has an established wave-count where it recently completed wave A and B to now form the major wave C in the structure, this wave will run into resistance as the stock still has above in the upper boundary coming together with the black falling resistance line marked in my chart, when the stock approaches this cluster in red there is a higher possibility given for a bearish confirmation to the downside, setting up the next wave D in the wave-count, this can lead to the back-up-zone marked in blue in my chart and a set up for the final wave E which will complete the overall wave-count, this last wave will be highly crucial as it has the potential to confirm the channel the stock is trading in as a bear-flag, this scenario will occur when the stock comes into the zone of the lower boundary anew and closes below it which will cause highly bearish pressure to the downside and activation of lower levels within a high possible spectrum. The next times will show how the stock will continue with its eave-count and when there is a end, technically speaking as the stock is one of the weaker stocks trading below the previous established high, the bearish scenario should not be kept by side as it will confirm when the wave-count ends and crushes below the lower boundary as mentioned. This is currently the most likely scenario to come across with however there is a smaller possibility given that it will invalidate which will happen when the stock manages to hold the lower boundary sustainably and moves above the wave-count to form a new high. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
NYSE:GM
by VincePrince
6
TSLA - Rising Trend Channel [MID-TERM]🔹Rising trend breaking downwards in medium long term. 🔹Currently testing support at 210, which could potentially signal a POSITIVE reaction, but a downward breakthrough could indicate a NEGATIVE signal. 🔹Low RSI indicate oversold and potential rebound reaction. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:TSLALong
by wavepoint99
FORD watching for a reversal from deep oversold LONGFORD on the one hour chart has been trending down with dynamic support from anchored VWAP lines. However the zero lag MACD is showing some bullish divergence with upgoing MACD and signal lines in parallel from a cross under the histogram which converted red to green. There was an associated spike in volume in the range of 3x the mean. The last earnings report only a few weeks back had a significant beat on the top line. I will place FORD on my watch list for next week. I likely will take a long trade on Mondday 8/14 with planned targets on the chart based on VWAP standard deviation line levels. I am especially interested to see if FORD will go on a bull run and fill the volume void from 14.25 to 15. If profits are taken off 40%, 40% ane 20% this trade could realize 20% in profit.
NYSE:FLong
by AwesomeAvani
3
Ford - A Cautious Post-ER Long ScalpFord is one of the richest charts among all of the U.S. equities to chew and savour for an analyst. The reason is, its relevant price action to today spans some 22 years, and we can only see it on the monthly: Notably, $26~ was a curious place for price action to stop and reject 18 months ago, leaving monthly hallmarks of potential targets And looking at the weekly: The rejection was so gappy, closed in ranges not seen on the monthly, but left open ranges not seen on the weekly. And yet in 18 months, the flat bottom formed under $12 is no cause for bullish continuation. "Support" as retail traders are taught to believe in, is made to be broken. Therefore, this chart would absolutely never be a long, in my opinion, except that price action you can only see on the daily has created a set of goalposts. And those goalposts are at the $15.42 level, which formed a perfect double top composing the July high. Before we begin, I want to warn you that trading the markets right now come with significant geopolitical risks surrounding China. The International Rules Based Order is frequently going off about "de-risking" from China, but not "decoupling," and the meaning of this is pretty significant. You should note that the propaganda machine is always targeting "China" but not "The Chinese Communist Party." Don't you think it's strange that despite the CCP's 100 years of murdering significantly more of its own people than Hitler did in general that the global Party doesn't take advantage of the CCP's heinous human rights abuses and totalitarianism to take it down? Instead, they're always going after China, its 5,000 year old culture, and its 1.4 billion pre-Wuhan Pneumonia population? It's because the IRBO wants to take control of China as the CCP falls. They won't take control of it directly, because they're not Chinese, but will install a puppet from Taiwan. And this is where "War With Taiwan" garrling comes from. It's not that Xi Jinping is going to invade Taiwan, but that the IRBO intends to take control of China with Taiwan as a proxy. But Xi can always weaponize the 24 year persecution of Falun Gong, started by former Chairman Jiang Zemin on July 20, 1999, to protect himself and China, because Wall Street and the World Government have been extensively visiting Shanghai (Shanghai Gigafactory what?) to train Marxism. And training Marxism in Shanghai means depositing collateral with the CCP. Xi has never persecuted Falun Gong. Instead, Xi has even protected Falun Gong from the Jiangling thugs in Hong Kong, and that was the real purpose of the National Security Law and the installation of John Lee as Chief Executive. Notable that Lee was banned from attending the San Francisco APEC conference in November by Joe Biden, in that light, wouldn't you say? So, back to trading. Generally, the market makers will not leave this kind of double top in play, because short sellers love to go bigly short under them because "it's strong resistance," before taking new lows. It's noteworthy that Ford is only a ~$50 billion company. Compare that to Tesla and decide which company is over/undervalued. And all of that is just theoretical, but when we combine it with the fact that Friday's earnings were actually pretty good, but Ford dumped, and back into the box that preceeded its breakout, making it a classic breakout-retrace long, we have a trade setup. So here's the idea. Unfortunately, I believe that there is extremely high probabilities that the indexes are topping to end July or to begin August, which I go over here: # SPX - The Sound of a Shattering Iceberg Ford would probably get drug down in a 200+ point SPX correction. That means that while we have significant bullish upside targets, at the $18 and $22 levels, all of the long term price action considered, we probably have to raid the bottom under $10 before Ford can really and truly rally during an index recovery. So what we have is a long from where we are on Friday, +/- $12.80, with a target of $16. This is a pretty nice range to collect. Rather than use a strict price based stop, what I would like to say is that if Ford does not trade up and away from this $13 level within the next two weeks, it would indicate that big money is up to something else, and a long trade is either not valid or too risky to bother with. Conversely, if you're bold and brave, shorts/puts over $15.50 with a target under $10 before 2024 may equal an even better payout and risk reward setup. This trade is something of a coinflip that I only have moderate confidence in. What I have confidence in is that the MMs will not leave $15.50 in tact before they really dump it. I also don't believe they'll leave these perfect flat bottoms in tact before they pump it. So, be careful, and good luck. Plays like this are a lot better than gambling on the latest dumpster fire coin (AMC, SPWR, lol) spread on Marxist messenger Reddit.
NYSE:FLong
by LordWrymouth
FORD fell after good earnings - now reverses LONGFORD on the 2H chart double topped in mid July and then descended as it had reached the second deviation line above the mean anchored VWAP. It continued the fall had a bit of pre-earnings run up and then paradoxically fell with very decent top and bottom line earnings. If you know why please let me know. After earnings and the fall, FORD reached the long-term mean VWAP and reversed as can be seen on lower time frames. I see this as a VWAP bounce, the favorite place for institutional traders to make their trades. A volume profile and its POC line find the highest trading volumes of the time interval. the MACD and Price Momentum Oscillators are confirmatory with reversal signals. I will take a long trade here. The stop loss will be 13 below VWAP. Targets are 14 (25%) 14.5 (50%) and 14.85 (25%). This is a simple trade with $0.25 risk which will be eliminated once price gets to $13.5 making it risk and stress-free. I have an options trade in mind. Comment if you want my specifics.
NYSE:FLong
by AwesomeAvani
3
ChargePoint After Filling a Gap is Back at the PCZ and Ice LineChargePoint has come back to the PCZ of the Bullish Bat and The Ice Line of the Range; presumably to fill a gap that it had created several days ago when it gapped up from this level. Now that the gap has been filled, I would expect to see this level hold much the way it did last time and go for the Bullish Breakout of the Descending Supply Line from which could in time lead to it trading up to anywhere between $20 and $30
NYSE:CHPTLong
by RizeSenpai
1
GM - DIVIDENT FALLOUT PATTERNGeneral Motors, a multinational corporation based in the United States, was the leading automobile company for 77 years until Toyota surpassed it in 2008. Despite this, GM has consistently ranked among the top 15 companies on the Fortune 500 list, and recently moved up from No. 8 to No. 5. With operations in eight countries and four brands, GM is also involved in joint ventures with Chinese automakers and produces military vehicles for the US government. Left with only four car brands for serial production the sales are taking steep downhill. The chart shows the last 3 dividend payouts and a significant 25% drop weeks after. To see if that is a solid pattern there is testing the current dividend payout we can have two level checkpoints $29' and $26', let's say that reaching the $29 level around mid-June could seek $26 by the first week of July. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:GMShort
by legacyFXofficial
F Surprised on Earnings Ready for Rising PriceFORD ( F) significantly surprised on earnings no matter that a recession may be underway and no matter its balance sheet is saddled with debt which is increasingly more expensive to services. Pre-orders for the Lightning F -150 are strong. On the 2H chart, price has yet to react to the earnings surprise. Volume has picked up but nothing dramatic. The zero-lag MACD lines have crossed under the histogram and are now crossing over the zero line. Price in a sign of strength rose out of its Fibonacci band channel and is just below the anchored mean VWAP while at the uppermost portion of the high volume area of the volume profile. I see this as a good place to take a long position targettting $ 12.80 to 13.00 with a stop loss at $ 11.80 below the POC line of the volume profile.
NYSE:FLong
by AwesomeAvani
1
TSLA vs Ford - Market Cap Shifts may reflect Investor SentimentOn this weekly chart I have set up the running ratio of shares of TSLA to shares of Ford over a time span dating back to pre-covid times. Added to the chart are a set of EMAs as well as zero-lag MACD and Directional Index indicators. TLSA dominated early and the ratio steadily increased. Given a choice between TSLA and F the longterm investor would buy the former. However, at the beginning of 2021, things changed as can be seen on the chart and the indicators. At this point, the ratio is over and under the weekly EMA200 and trending down. Now an investor might liquidate the TSLA shares and buy Ford instead. Hard to say what the the longer-term picture might be. TSLA is selling a hypergrowth narrative that may not come to fruition. Ford is slowly steadily hanging in there with its broad product line including the F-150 both Classic and Lightning. Time will tell........ So is it TSLA long or short ?
NASDAQ:TSLA
by AwesomeAvani
GM General Motors Pre Earnings LONGGM is on a 4H chart. Fundamentally, the last earnings were good. GM is challenged by the adoption of electric vehicles and the transformation of its core business. Small EV companies ( CANOO, RIDE, WKHS, FFIE, MULN) are mainly undercapitalized noise. The competition is really TSLA and Ford. Earnings upcoming are April 25th Technically, the price has been trending also a support of the lower standard deviations of the anchored VWAP originating on the date of the last earnings. Recently price has moved from -2 STD VWAP band to the higher -1 STD band. Price is now sitting on the support shown by the Luxalgo indicator with the earnings report due The VWAP bands are quickly losing slope as earnings report day of April 25 approaches. the zero lag MACD has lines crossing under the zero line and the histogram has just turned positive. These serve as confirmation entry signals. I see this as entry time for an earnings play. Entry is by market order with a stop loss below the demand zone. Targets are VWAP ( purple line), the midline between the demand/supply zones, and then the final target is the +1 STD above VWAP ( downsloping stepped black line). Overall a reward for the risk of about 4X. I may opt to play this with call options striking $35.00 expiring on 5/5 and currently priced at FWB:112 per contract.
NYSE:GMLong
by AwesomeAvani
General Motors continues in a trend of higher lows.General Motors Company - 30d expiry - We look to Buy at 33.55 (stop at 31.83) Trend line support is located at 33.50. A lower correction is expected. We look to buy dips. Prices expected to stall near trend line support. This stock has seen good sales growth. Expect trading to remain mixed and volatile. Our profit targets will be 37.84 and 38.74 Resistance: 36.82 / 38.00 / 39.60 Support: 35.10 / 34.00 / 32.99 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:GMLong
by VantageMarkets