GM Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of General Motors Co (Symbol: GM) crossed below their 200 day moving average of $57.02, changing hands as low as $56.15 per share. General Motors Co shares are currently trading off about 4.5% on the day. The chart below shows the one year performance of GM shares, versus its 200 day moving average: {{ InlineImage1 }}

Looking at the chart above, GM's low point in its 52 week range is $47.07 per share, with $67.21 as the 52 week high point — that compares with a last trade of $56.24. The GM DMA information above was sourced from TechnicalAnalysisChannel.com

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