The bearish DailyPlay we chose for Wednesday August 26th is General Motors Company (GM). GM is part of the Consumer Discretionary Sector (XLY). Over the last month, XLY has experienced a 9.46% move lower as both trends remain bearish.
General Motors Company has been in a strong bearish trend since the end of June as it continues to show negative momentum with a technical score of 2 (out of 10). GM looks positioned to continue this strong bearish trend lower towards $24.62.