📍 RSI & SMA Confirm Bullish Outlook on GOODYEAR TIRE (NASDAQ:GT)
Fundamental Outlook for GOODYEAR TIRE (NASDAQ:GT)
In the latest news, Goodyear Tire & Rubber Company (NASDAQ:GT) has experienced a 20% plunge in its share price following its post-earnings report. The company's quarterly sales declined more than expected, leading to a downgrade in its price target by Deutsche Bank Aktiengesellschaft from $15.00 to $12.00. Despite the negative outlook from Wall Street analysts, retail bulls do not seem to be shaken, with Natixis Advisors LLC purchasing a new stake in the company during the first quarter. From a fundamental analysis perspective, Goodyear Tire's recent post-earnings decline in sales and the subsequent reduction in its price target by Deutsche Bank Aktiengesellschaft suggest potential headwinds for the company. This downbeat assessment from Wall Street analysts may cast a shadow on the stock's short-term performance. However, it is worth noting that Natixis Advisors LLC's recent purchase of the company's shares indicates some confidence in Goodyear Tire's long-term prospects, despite the current challenges. Shifting to a GOODYEAR TIRE (NASDAQ:GT) Technical Analysis, the stock has formed a robust support level around the $8.50 mark following the 20% post-earnings drop. This level has already been tested twice, indicating a solid base for potential recovery. The technical indicators suggest a possible rebound, as the stock appears oversold following the recent decline. However, a break below this support level could potentially trigger further declines, with the next significant support around the $7.00 mark. In light of the GOODYEAR TIRE (NASDAQ:GT) Trade Analysis, we have a specific trade signal for GOODYEAR TIRE (NASDAQ:GT) Live Trade with entries at 8.49, TP at 9.76, and SL at 7.75. This trade signal is based on the identified support level and the potential for a short-term rebound in the stock. Nevertheless, traders should exercise caution, as a break below the support level could result in a more substantial correction in the stock price. The GOODYEAR TIRE (NASDAQ:GT) Trading Forecast remains clouded by the conflicting views of Wall Street analysts and retail investors. While the downgrade in the price target and the post-earnings decline in sales may weigh on the stock, the recent purchase of shares by Natixis Advisors LLC hints at a possible rebound. Traders should monitor the stock's performance closely and remain prepared to adjust their positions based on changing market conditions. To read more about Goodyear Tire's recent news and developments, consider visiting reputable financial news websites such as NASDAQ. This resource offers up-to-date information on Goodyear Tire's financial health and trading activities, which can help traders make well-informed decisions. In conclusion, while Goodyear Tire faces headwinds from declining sales and downgrades in price targets, the retail bulls' resilience and Natixis Advisors LLC's recent purchase suggest a potential rebound. Traders should stay vigilant and consider the identified support levels as part of their GOODYEAR TIRE (NASDAQ:GT) Trade Signal, but also be prepared for potential fluctuations given the conflicting opinions on the company's future performance.RSI Strategy & Trend Setup in GOODYEAR TIRE (NASDAQ:GT)
ATR(14) is currently consolidating, which suggests that a breakout move may be forming. Combined with RSI extremes and SMA positioning, this aligns perfectly with our RSI-based trading strategy.
Historical analysis shows that this technical pattern — RSI extreme plus SMA100 breakout — has delivered strong momentum moves in #S-GT. These conditions are often favored by institutional traders for timing entries.
This setup is ideal for intraday and swing traders looking for high-probability entries. The confluence of RSI, SMA100 breakout, and ATR compression increases the reliability of this signal.
✅GOODYEAR TIRE (NASDAQ:GT) Trade Plan – Buy Entry Price & SL/TP
- Symbol: #S-GT
- Trade Type: Buy Signal
- Entry Level: 8.49 or better
- Take Profit (TP): 9.76
- Risk Level (SL): 7.75
- Risk Management: 0.5% to 1% of equity per trade
- Issued At: 2025.08.14 18:56
✅ Trade Entry Conditions – GOODYEAR TIRE (NASDAQ:GT) Trading Strategy
- Ensure tight spreads and fast execution – ideal for short-term trades like GOODYEAR TIRE (NASDAQ:GT).
- Only enter the trade when price reaches or improves upon the recommended entry price based on RSI signal.
- Apply a 1:1.5 risk-reward ratio for this GOODYEAR TIRE (NASDAQ:GT) forecast if sl or tp missing to maximize profitability.
- Do not risk more than 1% of account equity on this setup.
- Avoid entering during high-impact trading news related to GOODYEAR TIRE (NASDAQ:GT) to reduce risk of sudden volatility.
"A good trader follows the plan, not emotions."
Risk Warning: Trading GOODYEAR TIRE (NASDAQ:GT) involves substantial risk. This content is not financial advice and is intended for informational use only.
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