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Is GTX setting up for a drop? Fell Below 20 Day Moving Average shows up after dropping 2.99%

Garrett Motion Inc. (GTX) — Daily Technical Analysis & Swing Trading Signals · Aug 6, 2026, 17:51 ET
On Thursday, August 6th, GTX moved down 2.99% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 30.02, 29.56 & 28.69, with resistance at 31.34, 32.21 & 32.67.

Current SwingTradeBot Technical Rating of GTX: B

Just a sneak peek — check SwingTradeBot.com for the full story on GTX.

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Garrett Motion Inc. (GTX)