Key Technical Levels in GM Stock for the Third Week of March

In the week that ended on March 16, 2018, General Motors (GM) stock settled at $37.94 with a minor gain of ~0.3% compared to the previous week’s closing price. On March 16, General Motors stock fell 3.6% on a month-to-date basis. In 2017, GM traded on a positive note and ended the year with a rise of ~17.7% compared to the 19.4% rise in the S&P 500 Index. According to US auto sales data for 2017, GM continued to be the largest auto company (FXD) in the country ahead of its peers Toyota Motor (TM), Fiat Chrysler Automobiles (FCAU), and Ford Motor Company (F).