Garrett Motion Inc. (GTX)

Garrett Motion Inc. is trading at $27.30, down 2.19% on the session. The 50 day average sits at $32.10 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 39.8, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $28.58 with resistance near $32.47, so that band frames the current range. Average daily movement is roughly $1.22, or about 4.5% of the share price, which is what any stop placement has to allow for. The overall health score of 36 out of 100 combines a trend score of 28, momentum of 25 and a risk score of 64.

Garrett Motion Inc. designs, manufactures, and sells turbocharging, air and fluid compression, and high-speed electric motor technologies to original equipment manufacturers and independent aftermarket distributors in the mobility and industrial fields. Its solutions include mechanical and electrical products for turbocharging and boosting internal combustion engines, as well as for compressing air and refrigerants for industrial and mobility use. The company operates in the United States, Europe, Asia, and internationally. Garrett Motion Inc. was incorporated in 2018 and is based in Plymouth, Michigan.