General Dynamics Corp. (GD) currently holds an SIA SMAX Score of 9 out of 10. The shares are positioned in the Favoured Green Zone of the SIA S&P 100 Index Report, ranking 20th out of 103 securities. General Dynamics has moved up 16 positions within the report over the past month and 41 positions over the past quarter, reflecting an improvement in its relative strength profile.
The Aerospace and Defense sector is positioned in the Neutral Yellow Zone of the SIA Sector Report. The sector currently ranks 16th out of 31 sectors, suggesting a neutral overall relative strength position.
From a technical perspective, GeneralDynamics’ most recent point and figure signal was a Triple Top. Near-term support is located at the 3-box reversal level of $361.02. Should the shares experience additional weakness, the next level of support may be found at $308.13. Resistance, based on point and figure vertical counting methodologies, is extrapolated at $448.89.
General Dynamics has returned +6.76% over the past month, +15.19% over the past quarter, and +27.70% over the past year. By comparison, the S&P 100 Index has returned +3.14%, +2.69%, and +18.30% over the same respective periods.
General Dynamics Corporation is a global aerospace and defence company offering a portfolio of products and services in business aviation, ship construction and repair, land combat vehicles, weapons systems and munitions, and technology products and services. Its segments include Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces business jets and new-technology aircraft while providing aircraft repair, support, and completion services. The Marine Systems segment designs and builds nuclear-powered submarines and provides surface combatant and auxiliary ship design and construction for the U.S. Navy.
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