Jim Van Meerten
Mon, December 1, 2025 at 9:20 AM MST 4 min read
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General Motors (GM) hit a new 10-year high in Monday morning trading.
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The automaker has strong technical momentum here.
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Shares have a 100% “Buy” technical opinion from Barchart and shares are up 32% over the past year.
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Fundamentals call for an earnings rebound next year and price targets go up to $100.
Valued at $68.58 billion, auto giant General Motors (GM) has had a long and checkered history.
The company rose to dominate the U.S. industry. However, hit by the financial crisis, General Motors filed for bankruptcy. However, within a few months, the firm emerged from bankruptcy. The company is stepping up to embrace an electric future and gain a strong foothold in the fast-growing market. The firm’s own modular battery platform, the Ultium Drive system, will aid in the transition to an all-electric portfolio.
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General Motors and its strategic partners produce, sell, and service cars, trucks, and parts under four core brands: Chevrolet, Buick, GMC, and Cadillac.
I found today’s Chart of the Day by using Barchart’s powerful screening functions to sort for stocks with the highest technical buy signals; superior current momentum in both strength and direction; and a Trend Seeker “buy” signal. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. GM checks those boxes. Since the Trend Seeker signaled a new “Buy” on Oct. 22, the stock has gained 9.09%.
Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.
General Motors hit a 10-year high of $73.89 in morning trading on Dec. 1.
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GM has a Weighted Alpha of +53.86.
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General Motors has a 100% “Buy” opinion from Barchart.
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The stock gained 32.13% over the past year.
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GM has its Trend Seeker “Buy” signal intact.
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The stock recently traded at $73.81 with a 50-day moving average of $65.05.
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General Motors has made 12 new highs and gained 6.31% in the last month.
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Relative Strength Index (RSI) is at 69.97.
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There’s a technical support level around $73.00.
