Want to know the current price of General Dynamics and what’s next for GD stock? On this page, we share the latest General Dynamics news and advice on buying stocks. You can also view the General Dynamics Forecast for 2022 and 2023 from our experts.
Should you buy or sell General Dynamics stock today? To what levels can the shares of this company rise in a year, two, three? How much will General Dynamics stocks cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for GD’s stock, both up and down.
General Dynamics Forecast for 2022 and 2023
Quotes of General Dynamics continue to move within the growth and bullish channel. However, prices are already testing important resistance, which buyers managed to break through at the beginning of 2020. The moving averages indicate a short-term bearish trend for GD stock. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. At the time of publication of the forecast, the cost of shares of General Dynamics is 119.79 per share. As part of the forecast, we should expect an attempt to develop a slight correction and a test of the support level near the area of 165.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 255.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of General Dynamics quotes will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the rising channel. Cancellation of the option to raise the price of GD shares will be a fall and a breakdown of the level of 150.05. This will indicate a breakdown of the support area, in which case we can consider a continuation of the decline in securities to the area at the level of 120.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 205.05, a breakdown of this level will indicate a strong rise in the asset.
General Dynamics Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 165.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 255.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the GD rise option will be a fall and a breakdown of the level of 150.05. This will indicate a breakdown of the lower border of the channel and a continuation of the fall in value to the area below the level of 120.05.
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