General Motors (GM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for GM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$88.31last close · Aug 4, 202652-week range $52.09 – $91.85 · 3.85% below the high

GM Bullish Pennant Pattern

GM is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $80.99 (+10.2%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; GM's own bullish pennants have hit 60.0%.

DirectionBullishTarget$80.99Projected move+10.2%Breakout level$74.12

New to this pattern? What a bullish pennant is and how to trade it →

GM's Most Recent Triangle Trade

GM's most recent completed triangle resolved as a win: it broke down on Feb 27, 2026 near $79.59, then reached its target at $71.46 on May 19, 2026 — a +2.34R move (10.2%) over 56 sessions. Across 64 backtested triangles, this setup wins 53.1% of the time.

OutcomeWinResult+2.34REntry$79.59Exit$71.46

Learn about triangle

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
GM win rate
60.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

GM Pattern Trade History

Every completed pattern trade our nightly backtest found on GM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleFeb 27, 2026 @ $79.59May 19, 2026 @ $71.46Win+2.34R
Bullish PennantDec 3, 2025 @ $74.53Dec 31, 2025 @ $81.32Win+0.91R
TriangleAug 13, 2025 @ $55.05Sep 23, 2025 @ $58.58Win+1.19R
Bullish PennantJul 1, 2025 @ $50.40Jul 22, 2025 @ $48.89Loss-0.55R
Falling WedgeMar 14, 2025 @ $48.51Apr 4, 2025 @ $44.18Loss-1.06R
Falling WedgeJan 17, 2025 @ $52.11Feb 3, 2025 @ $47.90Loss-1.36R
TriangleJan 8, 2025 @ $51.28Jan 27, 2025 @ $54.92Loss-1.17R
Bullish PennantOct 14, 2024 @ $48.32Oct 31, 2024 @ $50.76Win+0.57R
TriangleJun 10, 2024 @ $46.12Jul 19, 2024 @ $48.30Win+0.57R
Falling WedgeNov 28, 2023 @ $28.48Jan 3, 2024 @ $35.27Win+3.11R
Falling WedgeJun 2, 2023 @ $33.66Jun 21, 2023 @ $37.01Win+1.86R
Falling WedgeMay 26, 2023 @ $33.07Jun 21, 2023 @ $37.01Win+2.51R

GM Support and Resistance Levels

Price is being turned away at a ceiling near $91.24 and starting to slide. On the weekly chart, the next floor below sits near $73.38 — about 17% away.

  • Traders commonly watch $73.38 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $91.24 ceiling just now, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $87.85, resistance near $108.12. These are chart/swing-derived levels, not formula pivots.

Resistance
$108.12
Support
$87.85$85.90$75.91$75.35$74.91$74.22$74.03$73.38$72.47

GM Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$87.41$88.59$86.03$88.31
Aug 3, 2026$89.51$90.30$87.29$87.68
Jul 31, 2026$88.85$89.11$87.04$88.86
Jul 30, 2026$89.74$89.77$86.61$88.40
Jul 29, 2026$90.70$91.85$89.11$89.40
Jul 28, 2026$87.61$91.15$87.21$90.30
Jul 27, 2026$85.00$87.08$84.10$87.04
Jul 24, 2026$80.54$83.76$80.43$82.64
Jul 23, 2026$81.36$81.74$79.00$80.67
Jul 22, 2026$80.50$84.33$80.04$82.13

GM Frequently Asked Questions

What chart pattern is GM forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on General Motors (GM) on the daily chart, with a measured-move target of $80.99.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on GM is a bullish pattern, projecting a measured-move target of $80.99. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for GM?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), GM's nearest support is around $87.85 and nearest resistance around $108.12.
What is the price target if GM's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $80.99 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was GM's closing price on Aug 4, 2026?
General Motors (GM) last closed at $88.31 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.