GM chart analysis today
GM is coiling inside a falling wedge with no clear trend. It poked above the wedge 2 days ago without closing there. $84.50 ends the wedge, $87.60 resumes the rise.
General Motors · daily · last close $85.63 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $87.60 · the falling wedge
- Below
- $84.50 · the falling wedge
- Formation state
- Poked above $87.60 2 days ago without closing there. Still forming.
- Trend
- a series of higher highs and higher lows over the window, 3 steps across 42 bars — but the line under it broke 0 bars ago. The structure holds; the line does not.
- Agreement
- Structure 1 of 4 (low) · indicators 1 of 3 (low)
Levels and what happened there
- Resistance $88.31
- Resistance $90.01
- Support $72.05
- The last two times price reached $88.31 it held every time, bouncing 3.7% on average.
- The last three times price reached $90.01 it held twice, bouncing 7.1% on average.
- The last six times price reached $72.05 it held every time, bouncing 12% on average.
- Bigger picture Weekly flat, daily coiling. weekly — no clear direction, symmetrical triangle at $87.38.
- 52 weeks 6.8% below its 52-week high of $91.85 and 58% above its 52-week low of $54.33.
Read your own GM chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze GM now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.