Shares of The Goodyear Tire & Rubber Company (NASDAQ:GT) have been on a recent steady downtrend, causing some worry for shareholders.

Moving Average 

It is important to consider the moving averages of a downtrending security.  We see here that The Goodyear Tire & Rubber Company (NASDAQ:GT) is -4.81% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -13.06% from current levels.  Further back, their 200-Day Simple Moving Average is -16.77% difference from today’s price.  Currently, the stock is -26.31% from its 50-Day High and 1.22% from the 50-day low. 

RSI and Recommendations

The Goodyear Tire & Rubber Company’s RSI is 27.05.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.72% and month of 2.26%.  Wall Street analysts have a consensus 2.20 recommendation on the stock.  

Historical Growth

The Goodyear Tire & Rubber Company (NASDAQ:GT)’s performance this year to date is -17.73%.  The stock has performed -2.85% over the last seven days, -8.15% over the last thirty, and -18.44% over the last three months.  Over the last six months, The Goodyear Tire & Rubber Company’s stock has been -20.16% and -26.55% for the year.