Pre-Market Technical Recap on Auto Makers Stocks — General Motors, Honda Motor, Ferrari, and Tata Motors

If you want a Stock Review on GM, HMC, RACE, or TTM then come over to and sign up for your free customized report. The global Auto industry is dominated by a small number of US, Western European, and Japanese companies, according to a Hoovers report. In the pursuit of sales and market share growth, the major companies have expanded aggressively into emerging markets by setting up local subsidiaries or joint ventures. For today, shifts focus on the following equities: General Motors Co. (NYSE: GM), Honda Motor Co. Ltd (NYSE: HMC), Ferrari N.V. (NYSE: RACE), and Tata Motors Ltd (NYSE: TTM). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

General Motors 

Detroit, Michigan-based General Motors Co.’s shares climbed 2.95%, finishing Tuesday’s trading session at $46.48. A total volume of 27.87 million shares was traded, which was higher than their three months average volume of 12.18 million shares. In the last month and the previous three months, the stock has advanced 15.33% and 30.49%, respectively. Additionally, the Company’s shares have gained 33.41% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 16.91% and 27.69%, respectively. Moreover, shares of General Motors, which designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide, have a Relative Strength Index (RSI) of 76.30.

On October 13th, 2017, research firm Barclays upgraded the Company’s stock rating from ‘Equal Weight’ to ‘Overweight’ while revising its previous target price from $41 a share to $55 a share.

On October 23rd, 2017, General Motors declared a Q4 2017 dividend of $0.38 per outstanding share of common stock. The dividend is payable on December 21st, 2017, to all common shareholders of record at the close of business on December 08th, 2017. Free research report on GM is available at:

Honda Motor 

On Tuesday, shares in Tokyo, Japan headquartered Honda Motor Co. Ltd recorded a trading volume of 435,587 shares, which was above their three months average volume of 433,380 shares. The stock ended the session 1.22% higher at $30.74. The Company’s shares have gained 2.71% in the last one month, 11.38% over the previous three months, and 5.31% on an YTD basis. The stock is trading 5.55% above its 50-day moving average and 5.40% above its 200-day moving average. Furthermore, shares of Honda Motor, which develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide, have an RSI of 73.02. The complimentary research report on HMC can be downloaded at:


Shares in Maranello, Italy headquartered Ferrari N.V. closed at $114.59, rising 0.77% from the last trading session. The stock recorded a trading volume of 444,806 shares. The Company’s shares have gained 4.04% in the last one month, 8.71% over the previous three months, and 97.09% since the start of this year. The stock is trading 1.37% and 30.95% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Ferrari, which through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars, have an RSI of 50.97.

On October 11th, 2017, Ferrari announced that its financial results for Q3 2017 will be released on November 02nd, 2017. A live audio webcast and conference call of the results will begin at 11:00 a.m. EDT that same day. The presentation will be available under the Investors section of the Company’s corporate website prior to the event. Visit today and access our complete research report on RACE at:

Tata Motors 

Mumbai, India-based Tata Motors Ltd’s stock ended 0.09% higher at $32.19 with a total trading volume of 899,830 shares. The Company’s shares have advanced 3.54% in the last one month. The stock is trading above its 50-day moving average by 3.73%. Furthermore, shares of Tata Motors, which designs, manufactures, and sells a range of automotive vehicles, have an RSI of 52.89. Get free access to your research report on TTM at:

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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